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Coronavirus pandemic may boost Ukraine’s cost of borrowing, analyst warns
Journal Staff Report

KYIV, Jan 28 – The main risks of the new coronavirus pandemic are the additional expansion of the trade deficit and the increase in the cost of external borrowing for Ukraine, Oleksandr Martynenko, the head of the corporate analysis unit at ICU Investment Group, said.

"Possible restrictions on the movement of people and goods, the deterioration of business sentiment due to an epidemic in China could lead to a slowdown in economic growth in this country. In turn, this may affect the global foreign economic situation, including the demand of countries that are the main foreign trade partners of Ukraine," he explained.




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