The Ukrainian Economy at War (2024) - Defence Production, Energy & Endurance

Perun September 22, 2024
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About

An Australian covering the military industrial complex and national military investment strategy. Since the outbreak of the conflict in Ukraine, I've been covering lessons from the conflict and how they may inform the future investment decisions that other nations may or should make. Gaming is a hobby of mine and that content is now at the channel PerunGamingAU (https://www.youtube.com/channel/UCPYJiiMoA0yOMHI-aiB44RQ). It should go without saying that all views expressed by me in any of this content are simply personal opinion and nothing I say at any point should be taken as financial advice.. If you'd like to support me and have extra input into the content I create, you can find me on Patreon at: https://www.patreon.com/PerunAU Business contact email for sponsor requests: [email protected] general contact email for the channel: [email protected] Submission email for data relating to the ongoing Ukraine-Russia war: [email protected]

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Sponsored by Ground News: Compare news coverage. Spot media bias. Avoid algorithms. Try Ground News today and get 40% off your subscription by going to https://ground.news/perun Recently, we spoke about the state of Russia's economy after more than two and a half years of war. It was characterised by strong growth but also signs of overheating, as the economy ran at or beyond capacity. Today, I want to cover the other side, and look at how Ukraine's is holding on after extensive Russian pressure. I'll look at headline economic indicators, the budget, defence production, and the impact of attacks on Ukraine's energy grid. Data, graphs and finances - it's sure to be a great time (if the upload is correct this time). Patreon: https://www.patreon.com/PerunAU Reading and Sourcing: IMF - Fourth Review of the Extended Arrangement under the Extended Fund Facility... and Statement by the Executive Director for Ukraine https://www.imf.org/en/Publications/CR/Issues/2024/06/28/Ukraine-Fourth-Review-of-the-Extended-Arrangement-under-the-Extended-Fund-Facility-Request-551207 IMF reach staff level agreement on fifth review under the EFF https://www.imf.org/en/News/Articles/2024/09/11/pr24326-IMF-and-Ukrainian-Authorities-Reach-Staff-Level-Agreement-Fifth-Review-EFF Centre for Economic Strategy (Ukrainian) war economy tracker https://ces.org.ua/en/tracker-economy-during-the-war OECD outlook, Ukraine 2024 https://newsukraine.rbc.ua/news/ukraine-s-cabinet-of-ministers-submits-2025-1726314318.html Russia increasing key rate to 19% https://www.cbr.ru/eng/press/keypr/ Reporting on Ukraine deal on pre-war debt https://www.politico.eu/article/ukraine-strike-deal-delay-debt-repayment/ Ukraine approves draft 2025 budget https://www.reuters.com/world/europe/ukraine-government-approves-2025-draft-budget-pm-says-2024-09-13/ https://www.pravda.com.ua/eng/news/2024/09/13/7474981/ https://www.pravda.com.ua/eng/news/2024/09/13/7474981/ https://newsukraine.rbc.ua/news/ukraine-s-cabinet-of-ministers-submits-2025-1726314318.html August Russian missile attack, example reporting https://www.abc.net.au/news/2024-08-27/russia-hits-ukraine-s-power-grid/104272830 Previous and other missile attack reporting https://www.aljazeera.com/news/2024/9/19/russian-attacks-on-ukraine-power-grid-probably-violate-humanitarian-law-un https://apnews.com/article/russia-ukraine-war-attacks-power-grid-oil-f117d1493f690d2192c9f6c60cbcf32d https://www.cbsnews.com/news/russia-missile-attack-ukraine-power-outages-kyiv/ Bodhana production reporting https://kyivindependent.com/ukraines-bohdana-howitzer-is-rolling-off-production-lines-heres-what-it-can-do/ Funding of UA defence industry using proceeds of Russian assets https://neighbourhood-enlargement.ec.europa.eu/news/first-transfer-eu15-billion-proceeds-immobilised-russian-assets-made-available-support-ukraine-today-2024-07-26_en https://euromaidanpress.com/2024/09/20/eu-funds-ukrainian-defense-industry-with-e400-million-from-frozen-russian-asset-proceeds/ Rheinmetall in Ukraine https://www.rheinmetall.com/en/company/subsidiaries/rheinmetall-ukrainian-defense-industry https://thedefensepost.com/2024/05/17/rheinmetall-air-defense-facility-ukraine/#:~:text=A%20majority%2051%20percent%20of,of%20producing%20400%20tanks%20annually. https://www.rheinmetall.com/en/media/stories/2023/rheinmetall-a-powerful-partner-at-ukraine-side https://www.dw.com/en/ukraine-updates-rheinmetall-plans-ukraine-arms-factories/live-68526705 https://www.rheinmetall.com/en/media/news-watch/news/2024/02/2024-02-19-joint-venture-in-the-ukraine https://www.defenseone.com/business/2024/06/rheinmetall-opens-repair-center-armored-vehicles-ukraine/397283/ https://www.defensenews.com/global/europe/2024/06/11/rheinmetall-opens-repair-facility-for-combat-vehicles-in-ukraine/ Caveats & Comments: All normal caveats and comments apply. In particular – I would like to note as always that this material has been created for entertainment purposes and is not intended to be a complete or comprehensive examination of the topic in question and should not be relied upon to inform financial or other similar decisions. Timestamps: 00:00:00 — Opening Words 00:01:01 — What Am I Talking About? 00:03:26 — Looking At Ukraine 00:10:38 — Production Volumes 00:13:35 — Fiscal Stability 00:26:40 — Defence Production 00:38:08 — The Long Range Strike Campaign 00:41:11 — The Ukrainian Power Grid 00:51:45 — What Is Going On Here? 00:56:38 — Interpreting The Data 01:03:08 — A Hard Winter Ahead 01:05:03 — Channel Update

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