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The government announced the gradual recovery of the Ukrainian economy despite the difficulties of the war

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The Ukrainian economy continues to gradually recover despite all the difficulties of the full-scale war. This was reported by Prime Minister Denys Shmyhal during a government meeting, reports UNN.

Details

Despite all the difficulties of the full-scale war, the Ukrainian economy continues to gradually recover. Thanks to all conscientious taxpayers, the general fund of the state budget received revenues of almost UAH 275 billion in April, and more than UAH 856 billion since the beginning of the year. This is money from taxes, fees, excises and customs duties

- Shmyhal said.

Shmyhal expressed his gratitude to Ukrainian businesses that are saving jobs and investing in Ukraine.

Every hryvnia collected inside the country goes to the defense of our country. At the expense of internal resources, we pay salaries to servicemen, buy weapons, provide the army with ammunition, food and medicine

- Shmyhal said.

He noted that this year Ukraine will spend 26% of GDP on the defense and security sector.

Thus, everyone who pays taxes contributes to our resilience and brings a just peace closer

 - he added.

Addition

The NBU Inflation Report stated that in 2025–2027, the Ukrainian economy will continue to gradually recover with an annual GDP growth of 3–4%.

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