“Transformations in the balance of current operations”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)

According to the NBU, in 2022 Ukraine had a positive balance of current operations in the balance of payments with a record figure for the last 10 years — $8.6 billion. Usually, Ukraine had a deficit on the current account and had to resort to borrowings. Let us take a look at some reasons for those changes (of course, relating to the war, huge losses and international support for Ukraine).

Read more here.