The special economic report from the year 2016, provided to the DONi News Agency reveals, that macro economic situation in the Donetsk People’s Republic has been stabilized and shows signs of improvement.
According to the factual numbers, given by the DPR Ministry Economic Development, economic output in the country has even surpassed the pre-war levels. This information gives also needed answer to the important question, from where the new people's republic in Donbass gets funding for its budget?
"The economic blockade and the ongoing hostilities have had a significant negative effect on the area’s economic output, but the situation has been stabilized and many areas show signs of improvement. In some spheres the output has surpassed the pre-war levels", says the minister of economic development, Victoria Romanyuk.
DPR reached 47 % economic output from pre-war level
The total economic output of the DPR is now 47% of its pre-war level. Over a two-year period 60% of companies have resumed activities comparing to the pre-war period. Volume of final industrial products of the main variants of industrial activity has reached 31% of its pre-war level.
Volume of retail sales is at 26,1% and average staffing number of regular employees is at 61% of pre-war levels.
Agriculture production increased in some spheres over 5,5 times from pre-war levels
Especially the agricultural output has seen a considerable increase. Meat production (animal and fowl butchering in live weight) is at 23,2% and cereal and leguminous crops production is at 13,6% over their pre-war levels. Potato production is at 34,8% over its pre-war output and field vegetables are produced 2,1 times more.
Processed farmyard fowl meat production saw a 3,1-fold increase. Animal feed is produced 14,9% more and the production of a natural mineral water increased 5,5 times compared to the pre-war volumes. The production of eggs remains at 69,2% of pre-war levels.
According to the preliminary results from crop harvesting of 2016 (harvesting continues), comparing to 2013, 3,7 times more spring wheat was gathered and the production winter wheat is at 33,3% and barley at 19,9% over the pre-war figures. The development and production of greenhouses for year-round vegetable growth has also seen a positive trend.
DPR population is growing, more children born
This year has seen the turning in the population growth from negative to positive, as the net migration growth during January – August amounted to 585 people in the republic. In addition, 1507 more children were born in this year compared to the same period in 2015.
DONi News Agency, editorial article, Janus Putkonen
In picture: The minister of DPR economic Development, Victoria Romanyuk