Page 24 - UKRRptNov22

4.4 Corp profit
Ukraine identifies four industries that will become the engine for the economy's recovery.
The government is betting on development in four priority industries that will become the Ukrainian economy’s engine for recovery, said the Minister of Economy of Ukraine, Yulia Svyridenko.
The Ukrainian government has singled out these areas as its primary focus for maintenance efforts. They include military tech (high-tech weapons); metallurgy, mining and engineering; agriculture and the food industry; and IT. "Military tech is a new industry focus in our state’s development. Ukraine now operates as a large training ground - this market has grown between three and seven times.
There is an opportunity to develop military products, manufacture them, and immediately test them. Military tech will provide domestic weapons in Ukraine, and manufacturers will be able to export them. This is our main priority now, based on our reality," said Svyridenko.
4.5 Labour and income
4.5.1 Labour market, unemployment dynamics
Ukraine has not released any new unemployment data since the start of the war in February. The last recorded result was 10% of the population were unemployed in February. In October the IMF estimated that 25% of the population were living in poverty, to rise to 55% in 2023.
24 UKRAINE Country Report November 2022 www.intellinews.com