Evghenia Sleptsova, senior economist for Russia & CIS at Oxford Economics joins Ben Aris, editor-in-chief, Business News Europe and Elina Ribakova, deputy chief economist of the Institute of International Finance (IIF) to discuss Ukraine’s economic health and the prospects for getting through another year ahead.
With money in the bank and solid macro fundamentals, for now, Ukraine will get to the end of this year ok, but with a heavy debt repayment schedule in the second half of 2021 there is no way the country can cope without making up with the International Monetary Fund (IMF).
Listen to the podcast below or via Business News Europe, alternatively watch the full interview here.
You may be interested in
Australia’s CAPEX falters in Q1, with cost inflation to test activity
Private new capital expenditure fell 0.3% q/q in Q1 2022, led lower by a fall in buildings and structures investment. The weak result is in part due to the impact of Omicron on labour availability, and the postponement of construction activity in flood affected areas. Machinery & equipment volumes rose in the quarter.Find Out More
LandAid’s 10K Challenge
Yesterday, members of Oxford Economics joined LandAid’s 10k run in Regents Park London to raise awareness and funds for young people experiencing homelessness.Find Out More
Anchors away – RBA change course and raise rates
The RBA has opted to raise the cash rate target to 0.35%. For some time, the RBA identified faster wage growth as its trigger for raising rates. Official data sources have provided no new information on this front over the past month. But the board has put their faith in information from the RBA business liaison program that wage growth is picking up.Find Out More