As a result, more than 700 holding companies (that are not engaged in complex activities) are now exempt from consolidated regulatory capital requirements, reducing both the cost of capital and reporting requirements for small depository institutions.
At the same time, the contribution of net exports to GDP will remain negative on the back of the real sector’s considerable need for investment imports. Real household income will grow at a fast pace, which will further narrow the wage gap with neighboring countries and thus make Ukrainians more interested in working in Ukraine rather than abroad.