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

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.


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2021 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: