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Ukraine’s Economy: Current Situation and Challenges
BY
Oleksandra Betliy, Vitaliy Kravchuk AND The Institute for Economic Research and Policy Consulting - Kyiv / December 9, 2022
Ukraine has introduced numerous reforms between 2014-2019, which support macro-financial sustainability of the country. As a result, even during COVID-19, Ukraine went stronger with debt-to-GDP ratio at about 50%, sound banking system, improved corporate governance and higher openness and transparency. This helped Ukraine to remain resilient since the beginning of full-scale invasion by Russia.