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Nation    

Ukraine’s economy suffers greatest contraction ever due to Russia’s war
Journal Staff Report

KYIV, Dec 27 – Due to Russian military aggression, Ukraine's economy has suffered the greatest losses this year in all the years of independence – its decline will be about 32%, First Deputy Prime Minister, Minister of Economy Yulia Svyrydenko says.

"We expect GDP to fall by 32% this year. But these are already improved forecasts, since at the beginning of hostilities they were up to 50%," she said on the air of the national telethon on Tuesday.




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