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Ukraine’s shadow economy share down to 38%, Economy Ministry says
Journal Staff Report

KIEV, Nov. 18 - The level of shadow economy in Ukraine in January-June 2016 decreased to 38% of official GDP, which is 4 percentage points (p.p.) less than in the corresponding period of 2015, according to the website of the Ministry of Economic Development and Trade.

"In the first half of 2016 the level of shadow economy accounted for 38% of official GDP," the report indicates, with reference to preliminary data.




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