Ukraine gives low estimate of probability of rapid restoration of infrastructure

The National Bank of Ukraine (NBU) has assessed the probability of rapid restoration of damaged infrastructure in the country as low - less than 15 percent. This is stated in the inflation report published on the regulator's website on January 30.

The NBU also assessed the probability of rapid completion of hostilities and acceleration of European integration processes as low. At the same time, the regulator assessed the probability of increasing electricity shortages due to further damage to the energy infrastructure as high (25-50%).

The probability of deepening negative migration trends and tax increases, according to the NBU, is 15-25%.

Earlier, on January 31, the National Bank of Ukraine said that the country failed to cope with inflation. According to the bank's estimates, in the first months of this year in Ukraine is expected to further increase inflation, and to combat rising prices will be strengthened interest rate policy at the upcoming board meetings.

Before that, on January 3, the head of the Federation Council's commission on information policy, Aleksey Pushkov, said that Ukraine was unviable without financial assistance from the West. He cited official Ukrainian data, according to which Kiev's Western partners sent Ukraine $41.7bn in 2024, excluding military aid. This amount is equal to about half of Ukraine's gross domestic product.

The special operation to protect Donbass, the start of which was announced by Russian President Vladimir Putin on February 24, 2022, continues. The decision was taken against the background of the aggravated situation in the region.