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Ukraine's economy will shrink 4.3% next year, finance minister warns
Journal Staff Report

KIEV, Dec 23 - Ukraine's Finance Minister forecast the economy will shrink by 4.3 percent next year and warned of the huge challenge of getting state finances in order, as she presented a draft budget to parliament on Tuesday, Reuters reported.

A year of revolution and war with pro-Russian separatists has pushed the hryvnia currency to record lows and crippled the economy, which was already near bankruptcy after years of corruption and economic mismanagement.




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Currencies (in hryvnias)
  27.09.2024 prev
USD 41.21 41.26
RUR 0.444 0.446
EUR 45.96 46.20

Stock Market
  26.09.2024 prev
PFTS 507.0 507.0
source: PFTS

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