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14/08/2022

How does affordable logistics help support a country's needs during wartime?

In a joint special project with Novaya Poshta, Forbes talks about the drivers of the economy: Ukrainian retail business in the field of e-commerce, as well as important non-profit organizations. The "Monsters Corporation" charitable foundation told about its transformation.

"Monsters Corporation" was started as a small volunteer movement in Odesa that helped migrants from Donbas, low-income families, orphans and people in difficult life circumstances. In 2017, the movement was transformed into a full-fledged charity fund, and since the beginning of the full-scale war, it has been providing assistance to both civilians and military without interruption.

12/08/2022

Course on inflation and devaluation
International aid, soft loans and significantly reduced exports do not have time to close the economic hole caused by the war. In order to finance expenses, the NBU has already printed 255 billion UAH since the beginning of the war, which affects the inflation rate and exchange rate. According to NBU forecasts, it will exceed 30% in 2022, and the hryvnia has already devalued by a quarter since the beginning of the war.

In July, the situation with the state budget of Ukraine became better, compared to previous months. The hryvnia issue also decreased in July - the NBU printed 27.5 billion hryvnias, which is four times less than in June.

But with the adoption of the draft law, the government will have to raise about UAH 70 billion every month. Is it possible without turning on the "machine" of the NBU?

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