In the framework of the project iMoPe, organized by VoxUkraine, experts of the analytical center DiXi Group participated in the evaluation of government’s actions in the first half of 2015. One of the most successful steps in the field of energy, according to the experts, was the regulator’s decision to raise tariffs for gas and electricity.
In the latest issue of a newsletter bulletin “Information about WTO members” prepared by the Institute of Economic Research and Policy Consulting (IER) you will find information about the following.
In January – May 2015 industrial production index decreased by 21.2% compared to May last year. At the same time, in May, the fall slowed to 20.7% from 21.1% in April.
In the comment to the website Novoe Vremia, Director of Economic Programmes of the Razumkov Centre Vasyl Yurchyshyn explained why the National Bank of Ukraine is in no hurry to lift all the restrictions on the foreign exchange market that have been set to stabilise the economic situation.
Highlight: Gas market reform
The latest issue of DiXi Group’s regular weekly report on Energy.
The EU and Ukraine have signed a “Memorandum of Understanding” according to which the EU will give Ukraine a macro-financial assistance in the sum of 1.8 billion euros but only if specific reforms and steps are made. One of such steps is a publication of the report “Transparency in the Extractive Industries”, says President of DiXi Group Olena Pavlenko.
After years of building corruption “profitable” schemes in the energy sector of Ukraine, transparency is one of the essential instruments towards civilized relations between suppliers and customers. This requires very specific and quick steps – said expert of analytical centre DiXi Group Anton Antonenko.
In the first quarter of 2015, exports of goods and services from Ukraine decreased by 32.6% compared to the previous year. Imports fell by 35.6%.
A new issue of the Macroeconomic Forecast Ukraine №5(92) by the Institute of Economic Research and Policy Consulting includes GDP estimates and its components, fiscal indicators, balance of payments, inflation, exchange rate for current and next years.
Recent Ukrstat data indicate that Ukrainian economy likely reached the bottom and is likely to stabilize in the second half of the year. The IER expects that real GDP will drop by near 9% in 2015 due to sharp contraction of domestic demand. The escalation of military conflict and return to populistic policies are seen as the main risks of the forecast. Still, if our assumptions hold real GDP is expected to grow by 1.6% in 2016.