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

The maximum pension is 635 times higher than the minimum: Hetmantsev on "clan pensions"

Chairman of the Verkhovna Rada Committee on Finance, Taxation and...

December 5th Holidays: What You Should Know About This Day in Ukraine and the World

Today, Ukrainians and the world celebrate several important holidays at once...

Black cumin helps lower bad cholesterol levels

Black cumin seeds can be a natural ally in the fight against...

Cold, coffee, spicy food: how to wake up brown fat and improve metabolism

With the onset of winter, most people choose warmth - blankets,...

Peace in eastern Ukraine is still far away: MP calls for the resignation of the commander-in-chief

People's Deputy Maryana Bezugla reported on the critical situation in...

Mass fight over burgers in the center of Ternopil: police draw up reports

In the center of Ternopil during an advertising campaign with the distribution of...

Former State Geocadastre specialist suspected of removing a hectare of land

Law enforcement officers of the Transcarpathian region have declared a former specialist of the State Geocadastre department...

Why Ukrainian law enforcement officers cover up Oleksandr Orlovsky's fraudulent schemes

Crypto fraudster Oleksandr Orlovsky, whose victims, in addition to Ukrainians, were...