Page 14 - UKRRptMay20

want to stay and continue to work there, accrording to the social assistance program We Are Together.
Ukraine’s other institutions received predominantly negative assessments:​ 67% of respondents think the Cabinet is taking incorrect action, while 66% disagree with how the Ministry of Health is handling the crisis (the survey was conducted before the dismissal of former Health Minister Ilya Yemets). Respondents also show a lack of faith in local authorities, with 57% disapproving of their actions, and 62% of those surveyed disapproving of the actions of local medical institutions.
Ukrainians generally approve of the quarantine measures. ​According to Info Sapiens’ polls, 80% of those surveyed support the ban on leaving the house unless absolutely necessary and 74% support the extension of the quarantine period until 24 April. Info Sapiens also examined what kind of information Ukrainians are getting about COVID-19. Survey results showed that 55% said that they saw approximately the same information about the coronavirus across all sources, while 26% said they encountered conflict facts from different sources.
3.0​ ​Macro Economy
Business cycle indicators
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018E
2019E
Real GDP, chg yoy
2.3%
-14.8%
4.1%
5.2%
0.2%
0.0%
-6.6%
-9.8%
2.3%
2.5%
3.3%
2.70%
Household consumption, chg yoy
11.8%
-14.9%
7.1%
15.7%
8.4%
6.9%
-8.3%
-20.7%
1.8%
7.8%
8.9%
4.90%
Investments in fixed capital, chg yoy
1.6%
-50.5%
3.9%
7.1%
5.0%
-6.7%
-24.0%
-9.2%
20.1%
18.2%
14.3%
7.00%
Industrial output, chg yoy
-5.2%
-21.9%
11.2%
8.0%
-0.7%
-4.3%
-10.1%
-13.0%
2.8%
0.4%
1.1%
2.50%
Nominal GDP, UAH bln
948
913
1,079
1,300
1,405
1,465
1,587
1,989
2,383
2,983
3,559
4,021
Nominal GDP, USD bln
180
117
136
163
176
183
134
91
93
112
131
146
GDP per capita, USD
3,891
2,550
2,972
3,580
3,865
4,030
3,117
2,134
2,193
2,638
3,077
3,336
CPI (eop)
22.3%
12.3%
9.1%
4.6%
-0.2%
0.5%
24.9%
43.3%
12.4%
13.7%
9.8%
7.10%
CPI average
25.2%
15.9%
9.4%
8.0%
0.6%
-0.3%
12.1%
48.7%
13.9%
14.4%
10.90 %
8.20%
Unemployment (ILO methodology, avg)
6.9%
9.6%
8.9%
8.7%
8.2%
7.8%
9.7%
9.5%
9.7%
9.9%
9.1%
8.00%
Source: SP Advisors
3.1 ​Macroeconomic overview
Coronavirus restrictions are expected to push Ukraine’s economy into a recession​, the first since 2014-2015, when Russia’s military attacks threw Ukraine’s economy off balance. Ukraine’s Cabinet of Ministers released its new economic forecast for this year in the middle of April: a 4.8% drop in GDP and a loss 250,000 jobs. Inflation will hit 11.6% -- double the pre-coronavirus forecast. The average inflation-adjusted wage will fall by 4.5%, compared to last year.
14​ UKRAINE Country Report​ May 2020 ​ ​www.intellinews.com