KYIV, June 1 – Ukraine's real gross domestic product (GDP) will decrease by 7.2% in 2020, of which the effect of quarantine will be about 3.0 percentage points (p.p.), and next year GDP growth will reach 4.3%, such an updated macro forecast was issued by Dragon Capital investment company.

"The economy of Ukraine will suffer less from the coronavirus crisis than during the global financial crisis of 2008-2009, although the global recession will be much deeper. Thanks to reforms and balanced policies of past years, Ukraine entered the crisis without significant imbalances in the external sector, with a stable banking system, low budget deficits and moderate levels of government debt," Olena Belan, the chief economist at Dragon Capital, said in a report.