{"id":27243,"date":"2024-02-13T18:21:58","date_gmt":"2024-02-13T15:21:58","guid":{"rendered":"https:\/\/ces.org.ua\/?p=27243"},"modified":"2026-04-20T16:41:55","modified_gmt":"2026-04-20T13:41:55","slug":"government-vs-business-how-to-ease-pressure-on-ukrainian-entrepreneurs","status":"publish","type":"post","link":"https:\/\/ces.org.ua\/en\/government-vs-business-how-to-ease-pressure-on-ukrainian-entrepreneurs\/","title":{"rendered":"Economic review in January 2024. How to ease pressure on Ukrainian entrepreneurs?"},"content":{"rendered":"<p>Since March 2022, the Centre for Economic Strategy (CES), together with the German Economic Team (GET), has been preparing monthly reviews of Ukraine\u2019s economy during a full-scale war. All notes can be found\u00a0<a href=\"https:\/\/ces.org.ua\/en\/category\/research-list-en\/economy-during-the-war-en\/\">under the link.<\/a><\/p>\n<p>Executive summary:<\/p>\n<ul style=\"font-weight: 400;\">\n<li data-charcodes=\"8226\" data-font=\"Arial,Sans-Serif\" data-buautonum=\"8\" data-margin=\"450\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-scheme-color=\"@568B26,4,18:75000\" data-usefontface=\"true\" data-contrast=\"none\">Special topic: <\/span><\/b><span data-scheme-color=\"@1E1E1E,,\" data-usefontface=\"true\" data-contrast=\"none\">Business is outraged by the growing pressure from the state. The government promises to\u00a0<\/span><span data-scheme-color=\"@1E1E1E,,\" data-usefontface=\"true\" data-contrast=\"none\">halt all \u201cmasquerade shows\u201d, breaks its promise a couple of weeks later.<\/span>\u200b<\/li>\n<li data-charcodes=\"8226\" data-font=\"Arial,Sans-Serif\" data-buautonum=\"8\" data-margin=\"450\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-scheme-color=\"@568B26,4,18:75000\" data-usefontface=\"true\" data-contrast=\"none\">Macroeconomic trends:<\/span><\/b><span data-scheme-color=\"@1E1E1E,,\" data-usefontface=\"true\" data-contrast=\"none\">\u00a0GDP grew by 5.7% in 2023, but the recovery will slow down in 2024 and\u00a0<\/span><span data-scheme-color=\"@1E1E1E,,\" data-usefontface=\"true\" data-contrast=\"none\">further. Business confidence, as well as consumer confidence, is waning.\u00a0<\/span>\u200b<\/li>\n<li data-charcodes=\"8226\" data-font=\"Arial,Sans-Serif\" data-buautonum=\"8\" data-margin=\"450\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-scheme-color=\"@568B26,4,18:75000\" data-usefontface=\"true\" data-contrast=\"none\">Sectoral analysis: <\/span><\/b><span data-scheme-color=\"@1E1E1E,,\" data-usefontface=\"true\" data-contrast=\"none\">Ukrainian agricultural exports are high thanks to the Sea corridor<\/span><span data-scheme-color=\"@1E1E1E,,\" data-usefontface=\"true\" data-contrast=\"none\">\u00a0<\/span><span data-scheme-color=\"@1E1E1E,,\" data-usefontface=\"true\" data-contrast=\"none\">and attribute to\u00a0<\/span><span data-scheme-color=\"@1E1E1E,,\" data-usefontface=\"true\" data-contrast=\"none\">record-high overall exports. Ukraine energy system is stable, as well as ferrous production \u2013 albeit far from\u00a0<\/span><span data-scheme-color=\"@1E1E1E,,\" data-usefontface=\"true\" data-contrast=\"none\">pre-war levels.\u00a0<\/span>\u200b<\/li>\n<li data-charcodes=\"8226\" data-font=\"Arial,Sans-Serif\" data-buautonum=\"8\" data-margin=\"450\" data-aria-posinset=\"4\" data-aria-level=\"1\"><b><span data-scheme-color=\"@568B26,4,18:75000\" data-usefontface=\"true\" data-contrast=\"none\">Monetary and<\/span><\/b><b><span data-scheme-color=\"@568B26,4,18:75000\" data-usefontface=\"true\" data-contrast=\"none\">\u00a0<\/span><\/b><b><span data-scheme-color=\"@568B26,4,18:75000\" data-usefontface=\"true\" data-contrast=\"none\">FX sector: <\/span><\/b><span data-scheme-color=\"@1E1E1E,,\" data-usefontface=\"true\" data-contrast=\"none\">Inflation slows down even further; international reserves are high, and the key\u00a0<\/span><span data-scheme-color=\"@1E1E1E,,\" data-usefontface=\"true\" data-contrast=\"none\">rate is stable.<\/span>\u200b<\/li>\n<li data-charcodes=\"8226\" data-font=\"Arial,Sans-Serif\" data-buautonum=\"8\" data-margin=\"450\" data-aria-posinset=\"5\" data-aria-level=\"1\"><b><span data-scheme-color=\"@568B26,4,18:75000\" data-usefontface=\"true\" data-contrast=\"none\">Banking sector: <\/span><\/b><span data-scheme-color=\"@1E1E1E,,\" data-usefontface=\"true\" data-contrast=\"none\">Banks are faring rather well, with liquidity on its highest level, lending rates demonstrating\u00a0<\/span><span data-scheme-color=\"@1E1E1E,,\" data-usefontface=\"true\" data-contrast=\"none\">downward trend, and loans and deposits on the rise.<\/span><\/li>\n<li data-charcodes=\"8226\" data-font=\"Arial,Sans-Serif\" data-buautonum=\"8\" data-margin=\"450\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-scheme-color=\"@1E1E1E,,\" data-usefontface=\"true\" data-contrast=\"none\"><b>Fiscal sector: <\/b>With only $0.4 bn of foreign financing in January, Ukraine had to postpone its budget\u00a0expenditures to survive the month.<\/span><\/li>\n<\/ul>\n<p><span data-scheme-color=\"@1E1E1E,,\" data-usefontface=\"true\" data-contrast=\"none\">Watch the discussion <a href=\"https:\/\/ces.org.ua\/en\/who-needs-mask-shows-and-how-to-solve-pressure-on-business\/\">here<\/a>.<\/span><\/p>\n<p>\u200bYou can also access the visualization of monthly highlights through our regularly updated <a style=\"font-size: 16px;\" href=\"https:\/\/ces.org.ua\/en\/tracker-economy-during-the-war\/\">Ukraine War Economy Tracker<\/a><span style=\"font-size: 16px;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since March 2022, the Centre for Economic Strategy (CES), together with the German Economic Team (GET), has been preparing monthly reviews of Ukraine\u2019s economy during a full-scale war. All notes can be found\u00a0under the link. Executive summary: Special topic: Business is outraged by the growing pressure from the state. The government promises to\u00a0halt all \u201cmasquerade [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":27217,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[492,197,143],"tags":[568,610,696],"experts":[464,513,462,478],"news_type":[138,140],"class_list":["post-27243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-during-the-war-en","category-research-list-en","category-home-news-en","tag-business-and-investment-en","tag-war-economy-en","tag-monthly-economic-reviews","experts-yurii-gaidai-en","experts-volodymyr-landa","experts-maksym-samoiliuk-en","experts-mariia-tomilina","news_type-press-release","news_type-researches"],"acf":[],"_links":{"self":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/posts\/27243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/comments?post=27243"}],"version-history":[{"count":2,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/posts\/27243\/revisions"}],"predecessor-version":[{"id":42473,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/posts\/27243\/revisions\/42473"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/media\/27217"}],"wp:attachment":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/media?parent=27243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/categories?post=27243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/tags?post=27243"},{"taxonomy":"experts","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/experts?post=27243"},{"taxonomy":"news_type","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/news_type?post=27243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}