Categories: economy

The national Bank has estimated the losses due to the blockade of Donbass

Lock of Donbass will lead to a loss of 1.3% in GDP growth.

Termination of trading with the uncontrolled territories will lead to a loss of 1.3 percentage points in GDP growth.

This is stated in the NBU report on the financial statements.

“According to the NBU, the cessation of trade with the uncontrolled territories will lead to a loss of 1.3 percentage points in GDP growth (will be partially compensated by better external conditions) and the growth of the current account deficit at 1.8 billion dollars. U.S. $ 4.3 billion. The United States for 2017”, – stated in the message.

According to the regulator, the negative impact of the termination of trade with the uncontrolled territories and the seizure of the Ukrainian enterprises on financial stability was moderate, but risks remain to the end of the year and in the first place, will be associated with the growth of the current account deficit of the balance of payments and the possible pressure on the hryvnia .

In this case, noted in the NBU, the banking sector does not bear the direct losses, almost all of the loan companies with production facilities in the occupied territories are reserved properly.

Recall, the Prime Minister of Ukraine Vladimir Groisman said that because of the blockade of Donbass, Ukraine has lost 1% of GDP.

© 2017, paradox. All rights reserved.

paradox

Share
Published by
paradox

Recent Posts

Trump considers pressuring NATO states to spend more on defense – media

Donald Trump is eyeing plans to push the NATO members to ramp up defense spending…

5 hours ago

Trump pays fine for gag order violations

Former US President Donald Trump paid the $9,000 fine for violating a gag order imposed…

14 hours ago

America’s top spy warns of ‘Russian military breakthrough’

Russian forces are steadily advancing in the Ukraine conflict, the US Director of National Intelligence,…

23 hours ago

Runaway ice cream truck crashes into crowd of kids (VIDEO)

An out-of-control ice cream truck rolled down a slope and crashed into a group of…

1 day ago

Anti-Communist, Russian nationalist, enemy of Hitler: Who was ‘Putin’s favorite philosopher’?

He was a staunch supporter of the anti-Bolshevik White Movement during the Russian Civil War…

2 days ago

Ukraine must defeat Russia to join NATO – Zelensky

Ukraine needs to defeat Russia on the battlefield in order to be admitted to NATO,…

2 days ago