Ukraine's Government

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Ukraine's economy shrinks as Russia continues bombing businesses

With Russia continuing to wage an unprecedented campaign against Ukrainian businesses, Ukraine’s Economy Ministry has downgraded its forecast for the country’s economic growth this year from 1.3% to 0.5%, as Moscow targets key industries such as steel production, e-commerce, and ports.

About Government

Ukraine's government operates under a semi-presidential system, with executive power divided between the president and the Cabinet of Ministers headed by the prime minister. The Verkhovna Rada, Ukraine's 450-seat parliament, holds legislative authority and oversees government activities through committees and parliamentary inquiries.

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