"The successes of Ukraine's defense forces on the front lines, the coordinated work of the government and businesses, the unbreakable spirit of the population and the speed of rebuilding damaged critical infrastructure units and also systemic financial support from international donors have allowed us to keep up the economic front and continue our movement towards victory," Svyrydenko told Reuters.
The economy minister, who is also First Vice Prime Minister of Ukraine, said Russian missile attacks on energy infrastructure continued to put pressure on business activity and sentiment, but that the economic downfall was less than initially expected.
Ukraine's economy is export-led, but exports have slumped 35 percent compared with 2021.
Ukraine is a major global grain producer and exporter, but with limited access to vital Black Sea ports since the invasion grain exports have fallen sharply, but still accounted for the bulk of the country's exports in 2022.
Foreign aid remains of critical importance to Ukraine's financial stability and its economy with government officials having said Ukraine received about $31 billion in foreign grants and loans in 2022, and forecast a budget deficit of $38 billion in 2023.
