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Ukraine’s Investment Attractiveness Index shows significant decline

Source : 112 Ukraine

Such a low index has been recorded for the first time since 2013
11:34, 16 December 2020

Revenues of Ukraine's state budget
biz.censor.net.ua

Ukraine's Investment Attractiveness Index dropped to 2.4 points out of five possible in the second half of 2020. This is stated in the European Business Association's (EBA) expert study.

The results of the index show an unprecedented decline in the mood of managers of foreign and Ukrainian companies that are members of the EBA. It is noted that such a low index has been recorded for the first time since 2013.

Related: Ministry of Finance issues additional Eurobonds for $ 600 million with a yield of 6.2%

Most managers (78%) consider the current investment climate unfavorable, and this figure has increased significantly since the beginning of the year - by 16%. Another 16% of respondents consider the current investment to be climate neutral. Only 6% of respondents view the investment climate as favorable.

As we reported earlier, according to the National Bank of Ukraine, the upcoming lockdown, which was previously announced by the government, will not significantly affect the country's inflation rate.

"By the estimates of the National Bank, the quarantine announced for January 2021 by the government, will not considerably affect the economic activity, consumers' demand and, ergo, the inflation," reads the message.

Related: EU allocates €600 million of macro-financial aid to Ukraine

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