Foreign companies, one after another, refuse to work with Ukraine
Reduced investment in Ukraine after the declaration of martial law will reduce GDP growth next year by 3 percent.
The head of the Independent Group for Macroeconomic Analysis and Forecast, Mikhail Kukhar, stated this on the UKRLIFE.TV channel, a PolitNavigator correspondent reports.
“Among the large companies that are clients of our group, to which we give a macroeconomic forecast, three intend to stop their investments in Ukraine next year. They put off investment plans. They were scared by the martial law and the fact that there would be two elections in one year. They thought - to postpone or not to postpone? And the Kerch crisis finally finished them off. They literally took a day or two to make a negative decision to close investments for our country,” the expert said.
“Since we are engaged in GDP forecasts, we always have a ready-made matrix of how much foreign investment should have been – about three billion. If we put zero, then this is 3,4% of GDP. That is, we will lower our economic growth forecast from 6% to 3%. This is what the Kerch crisis has already given us,” Kukhar concluded.
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