“Over 30% of Ukrainians Lost Their Jobs with the Start of Active Fighting,” Tymofiy Mylovanov
Tymofii Mylovanov, President of Kyiv School of Economics and Advisor to the Head of the Office of the President of Ukraine, stated this during his briefing at Media Center Ukraine – Ukrinform.
“About 30% of Ukrainian citizens lost their jobs after the start of active fighting. To improve the situation, I would advise the companies to focus on military needs,” the economic expert said.
Speaking about a particular GDP drop percentage is not meaningful now. These figures come from real-life data, but the hostilities rule out counting all the data. Perhaps, the State Statistics Service will provide some data at the year-end.
“The GDP slump is calculated based on data of a different country where hostilities took place and whose economy is similar to the Ukrainian one. However, these forecasts are too distant from the situation in Ukraine. We know of serious challenges with the agroindustrial sector and the domestic market for services,” he emphasized.
Tymofii Mylovanov highlighted that a strong wartime economy means a strong economy in the rear and the ability to pay taxes:
“Cafes’ working during the war means the ability to get taxes to fund the purchases of weapons,” he said.
Read more: https://mediacenter.org.ua/news