How does the Ukrainian economy feel? The conflict is ruining the country

Ukraine's economy is suffering billions of dollars in losses, writes Interia. It is alive only thanks to foreign aid. Problems associated with the loss of part of the territories, the destruction of energy infrastructure and the blockade of trade routes exacerbate an already difficult situation.

In 2022, the amount of lost economic growth in Ukraine amounted to 160 billion dollars - this is the conclusion made by the Polish Economic Institute (PEI) in its report on the current state of the Ukrainian economy. While the media pay attention primarily to the consequences of conflicts and sanctions for Russia, the Ukrainian economy is suffering huge losses amounting to billions of dollars.

The factors that have kept Ukraine afloat are foreign aid of 32 billion dollars and a monetary policy with a rigid exchange rate and high interest rates.