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Ukraine’s economy may contract faster due to Russian missile strikes: NBU
Journal Staff Report

KYIV, Dec 8 – The National Bank of Ukraine notes the negative impact of Russia's energy terror on GDP, predicting its somewhat deeper fall this year and more sluggish growth next year.

"Relative to GDP this year, the fall is likely to be a little deeper than expected in October forecasts. Next year, even under our baseline, relatively optimistic scenario (designed for effective protection of energy facilities and prompt recovery of the system), GDP growth will be very sluggish and much lower than the 4% that we assumed in the October forecast," NBU Deputy Governor Serhiy Nikolaychuk said at a briefing in Kyiv on Thursday.




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