Drop in Ukraine’s GDP should not exceed 5% at year-end – Kovaliv

A decline in Ukraine’s GDP at the end of 2020 should not exceed 5%, according to Deputy Head of the President’s Office Yulia Kovaliv.

"The Ukrainian economy [at the end of this year] will not fall by more than 5%," Kovaliv said live on the Freedom of Speech talk show on Friday evening.

The World Bank predicts a 5.5% fall in the Ukrainian economy by the end of the year.

According to forecasts of the International Monetary Fund, Ukraine's GDP will decrease by 7.2% this year.

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