Firms benefit by receiving support from the state to take on new work seekers. More importantly, they benefit from the high quality training provided both by public training institutions and by on-the-job training provided by the firm. The outcome for the firm is a steady supply of young workers with the knowledge and training to fit into a globally competitive economy.
A widening in the trade deficit will be offset by greater private remittances, supported by the higher incomes of labor migrants. A key assumption of the macroeconomic forecast is that Ukraine will continue to cooperate with the IMF and enjoy relatively favorable access to the international capital markets.