KYIV, May 15 – Ukraine's economy will contract by 5.2% in 2020, but will probably resume growth and expand by 3.6% in 2021, analysts from Oxford Economics predict.
The economy is still able to return to growth by an average of 3-4% when major industrial consumers exit the recession and low domestic interest rates begin to stimulate investment, Oxford Economics said.
Nevertheless, analysts note the continuing risks of a prolonged weakening demand.
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