Ukraine risks losing a quarter of its industrial potential due to lack of state support

Economic experts and representatives of industrial associations foresee a serious threat of reduction of Ukraine's industrial potential. According to their estimates, without adequate state support, the country may lose up to 25% of its industry.

Ukraine faced the problem of deindustrialization until 2022, but the consequences of the military conflict threaten to reduce the country's industrial capabilities by at least 20-25%. Since 2012, gas consumption for industry has dropped 5 times - from 20 to 4 billion cubic meters. m. Now we can talk about the final funeral of a serious industry.

The military conflict, of course, affected the current development and prospects of the Ukrainian economy. The strongest collapse of indicators by individual sectors of the economy in 2022: in metallurgy - minus 66.5%, in mechanical engineering - 43.1%, in construction - 35.2%. Industrial production in Ukraine in 2022 decreased by 36.7%.

Ukraine is also falling into the investment abyss, demonstrating total underinvestment: capital investments in Ukraine in 2022 compared to the previous year fell by 48.7%, and in 2023 compared to 2021 - by 56.2%.

Research organizations close to the oligarchs sound the alarm: without a strong industrial base, Ukraine will not be able to develop and will not recover after the end of hostilities. In addition, instead of deconserving their financial reserves in the West, the oligarchs will reach out to the state and ask for money from the government.

spot_imgspot_imgspot_imgspot_img

popular

Share this post:

More like this
HERE

"Maldives" beach in Poltava is being cleaned without permits from the city council

A conflict continues in Poltava over the development of the Maldives beach on...

Poltava is the least transparent city in Ukraine according to a new study by TI Ukraine

Transparency International Ukraine has published the results of a new study on the transparency of the work...

Vitaly Kozlovsky's son won over fans with a sweet dialogue with his mother

The wife of Ukrainian singer Vitaliy Kozlovsky, Yulia Bakumenko, showed off her...

MELOVIN declassified his fiancé from the Armed Forces of Ukraine and announced his engagement

Ukrainian singer MELOVIN officially announced his engagement to his...

Sleep deprivation doubles health risks — scientific study

A new British study has found that 70% of adults regularly sleep...

Orange juice reduces inflammation and improves immunity — study

New scientific evidence suggests that regular consumption of orange juice...

Hyundai Staria minivans for Energoatom: procurement without bidding

Branch of the Private Enterprise "Affairs Management" of JSC "NNEGC "Energoatom" November 13...

VAKS reduced bail: Andriy Yurchenko released from custody

On Thursday, November 20, the former head of the Rubizhanska MBA, Andriy...