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Ukraine

The German Economic Team has been advising the Ukrainian government in various economic areas since 1994, during which time Ukraine has undergone a significant transformation process.

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  • Economic Monitor Ukraine
    WA 20 | September 2024

    The Ukrainian economy will continue to grow, but at a slower pace: 5.3% in 2023, 3.6% in 2024 and 3.4% in 2025. Consumption and investment are driving growth, but are being held back by damage to energy infrastructure and military mobilisation. Inflation is rising and the current account deficit is widening. The fiscal situation remains tight, with high public debt and insufficient international aid. The energy sector is severely damaged, leading to supply shortages and possible blackouts.

Policy Publications

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  • Oleksandra Betliy, Vitaliy Kravchuk, Garry Poluschkin, Robert Kirchner

    Macroeconomic outlook 2025-2026
    • Ukraine
    • Forecast
    FS 01 | 2025
    • Macroeconomic Analyses and Forecasting

Garry Poluschkin

Project Manager Ukraine

Garry Polushkin is a consultant and country coordinator of the German Economic Team for Ukraine. He has been working for Berlin Economics since 2019.

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About the German Economic Team

The German Economic Team is financed by the Federal Ministry for Economic Affairs and Climate Action. Berlin Economics is commissioned with the project implementation.