Weekly Insight -- New Macro review from ICU
Last week, we issued our updated macroeconomic review on Ukraine's economy.
We reiterate our optimistic view for 2021 catch-up growth of +5.6%. This, even from a higher statistical base, as we improve our GDP estimate for 2020 to -4.8%. As before, we consider that the economy copes with the COVID-19 crisis quire well due to its structure, with a high share of agri and IT, and a strengthened financial system after the 2014-15 crisis. However, the results could be better if fiscal and monetary stimuli are larger this year.
ICU IS A FINANCIAL SERVICES GROUP PROVIDING SECURITIES TRADING, INVESTMENT BANKING AND ASSET MANAGEMENT FOR PRIVATE AND INSTITUTIONAL INVESTORS.
More information about ICU you can find at https://www.icu.ua/
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