Russia's budget deficit could almost triple by the end of 2026 due to reduced oil purchases by India and increased discounts. This will cut revenues, while expenditures may exceed expectations.
The key strengths of the Ukrainian economy are its resource potential, proximity to the EU market and opportunities for export industries, while its main weaknesses are an aging population, population decline and proximity to Russia, according to energy expert Oleksandr Katsuba.
Ukraine continues to deepen its cooperation with the OECD, and full membership is one of the country's priorities, according to Prime Minister Denys Shmyhal.