Economic blogger Alexander Okhrimenko

The results of export of IT services in Ukraine in 2015 showed that the main consumers of these services are the US and Russia. As a positive factor is the growth of export of Ukrainian IT services in the United States in 2015, compared with 2014. Ukrainian companies that represent IT services exports have found new customers in Israel, Sweden and the Czech Republic in 2015.  This success of Ukrainian IT services business. Ukrainian IT business to hope for the growth of new orders from the EU in connection with the signing of an agreement on association with EU. Ukraine has high hopes for the development of export of IT services.

Regulatory capital of Ukrainian banks fell to a critical level. The amount of regulatory capital banks in Ukraine decreased by 5.6 times in 2016 compared with 2013. And that after the largest banks of Ukraine increased the capital from the words of head of the NBU. Most of the bank does not comply with regulations, but the NBU turns a blind eye. What will happen to banks in Ukraine, no one knows the future. It is not possible forecast in the chaos.

D espite the trade war between Russia and Ukraine, Russia remains the main trading partner of Ukraine. Russia's share in the total exports of Ukraine was 12.7% in 2015. Export of Ukraine in Russia fell by 50% in 2015 compared to 2014 year. This deadlock. Ukraine can not find a replacement for Russia at the same time in a trade war Ukraine reduced exports..  The Association Agreement between Ukraine and the EU has not provided Ukraine the growth of exports to the EU. Export of Ukraine in the EU fell by 23% in 2015 compared to 2014. The problem is that Russia remains the largest importer of Ukraine. Russia's share in the total imports in Ukraine amounted to almost 20% in 2015. Imports from Russia dropped by 60% in Ukraine in 2015 compared to 2014. Falling imports from Russia to Ukraine was the result of what is now Ukraine buys Russian natural gas through the European offshore. Formally, Ukraine buys Russian gas to the EU. Although Ukraine in this case pays 20-25%

Ukrainian hryvnia to a bad start this year. Hryvnia depreciated against the US dollar by 12.9% in the incomplete first two months of this year.  The head of the NBU Valery Gontareva and Finance Minister Natalia Yaresko can not accurately explain the reason for the devaluation of the hryvnia. From time to time they called the guilty in the devaluation of the hryvnia, or pensioners or citizens of Russia or exporters. But they never say what it is they are guilty of the devaluation of the hryvnia. In fact, the main reason for the devaluation of the hryvnia is a big problem of the Ukrainian financial market that stimulates the devaluation of the hryvnia.  The head of the NBU Valery Gontareva illegally closed a large number of banks in Ukraine, and as a result of the banking system collapsing. Finance Minister Natalia Yaresko destroyed public finances and public debt are growing every day. Under these conditions, the business and the people are more prone to currency speculation tha

The total amount of foreign investment in Ukraine amounted to $ 51.2 billion. In 2015, which is 12% less than it was in 2013. Foreign investments go to Ukraine after the Maidan.   But not all foreign investors have decided to leave Ukraine. Investments from the Netherlands and Switzerland to Ukraine have increased in 2015 in comparison with 2013 year. At the same time a very large outflow of foreign investment in Ukraine has been fixed for Cyprus, England and the Virgin Islands.  It is connected to the fact that Ukrainian oligarchs were quick to pick up the money from the Ukraine after the Maidan. Traditionally Ukrainian oligarchs keep their money in Cyprus and other offshore and is why these investments were withdrawn from Ukraine.

Ukraine's real GDP dropped by 10.1% in 2015 compared to 2014. This is the worst performance of GDP Ukraine over the past twenty years. The Government of Ukraine Yatsenyuk Ukraine's economy has turned into a wreck. At the same time Yatsenyuk calls it "reform"

The banking system is in a deep crisis in Ukraine after the reform false head of the NBU Valerie Gontareva. Ukrainian banks are losing customers and money and get yet more losses. Loss of the Ukrainian banking system amounted to $ 2.7 billion for 2015.  Before Maidan the banking system earned a profit of $ 180 million in 2013. Catastrophically dropped interest income and at the same time increased the volume of problem loans. Banks do not make a profit, but are forced to spend more money to increase reserves for bad loans. This is absurd Ukrainian banking system times Gontareva. Only the result of increased trading but it is associated with an increase in banks are speculating currency. Banks are not lending and are speculating currency in Ukraine but that the head of the NBU Gontareva reform calls.  The future of the Ukrainian banking system is misty and unknown.

The IMF conducted an analysis of implementation by Ukraine Extended Fund Facility ( EFF) which operates with February 2015. The analysis results EFF were disappointing. Most Performance criteria not been fulfilled. According to Performance criteria EFF NBU was obliged to provide increase in net international reserves to a level of 2 bn. USD at the end of 2015. But instead of growing net iternational reserves fell by 487 million dollars by the end of 2015. The IMF demanded that the cumulative change in net domestic assets of the NBU was 57 bn. UAH at the end of 2015. At the end of 2015, net domastic assets of the NBU decreased by 43 bn. UAH rather than increased, as recommended by the IMF. NBU has not fulfilled the requirement of the IMF on the growth of the monetary base in 2015. According to the recommendation of the IMF's monetary base in Ukraine it had growths on 90 billion. UAH, but in fact it has grown only 2.6 bln. UAH. Not surprisingly, the IMF recommen

The  ‪#‎ IMF‬  report is written that cause of the large size the unofficial economy, have poor labor laws. In particular, they consider that the unofficial economy in Ukraine because there is a collective agreement between the labor collective and the owner of the business that it is very large severance payments if an employee leaves and a long time to fire an employee. Experts from the IMF did not know that the unofficial economy exists for a whole different reason, and in  ‪#‎ Ukraine‬  there are no problems to fire an employee. In Ukraine, the main problem is a puppet government of the IMF

  Foreign trade of Ukraine shows positive balance of for 2015. At the same time, exports from Ukraine catastrophically fall in 2015 compared to 2014 and even more in 2013 year  Export result with Ukraine in January 2016 showed that the fall it continues. For January 2016 exports from Ukraine fall by 31% compared with January 2015. So far Ukraine did not find other markets to compensate for the loss of the Russian market. For January 2016 Ukraine's exports to the EU fell by 27% compared with January 2015