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Macroeconomic Digest of Ukraine January 2026

On December 22, the Ukrainian Institute for the Future released its 2026 economic forecast, available via the link. This digest also presents the key indicators from this forecast and details of the calculations. On December 24, the Ministry of Finance announced the completion of the restructuring of GDP-linked securities (warrants). Under the restructuring terms, GDP warrants in the amount of USD 2,635,058,000 were exchanged for new Series C bonds maturing in 2032, totaling USD 3,497,665,320, as well as for Series B bonds maturing in 2030 and 2034, totaling USD 16,904,800 for each series. All GDP warrants were cancelled. […]