The World Bank has maintained its forecast for Ukraine’s GDP recovery in 2021 at 3.8% after falling by 4.0% in 2020. The economic growth forecast for the next 2 years has improved, according to the World Bank report.
In particular, according to the new forecast, Ukraine’s economy will grow by 3.5% in 2022 and by 3.7% in 2023. Previously, growth was expected at 3.1% over 2 years.
The report notes that economic activity should continue to recover in the second half of 2021, as this is facilitated by higher yields, stronger consumer demand and favorable external conditions.
In 2021, Ukraine’s economy will grow by 3.8% due to the positive base effect in agriculture and compared to last year’s decline.
The forecast also takes into account the possibility of further temporary lockdowns and additional strengthening by the central bank in order to consolidate inflation expectations.
It is expected that in the second half of 2022, inflation will fall to the target level due to the effect of monetary policy.
Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]
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Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]
Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]
From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]
Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]
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