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Nation    

Ukraine’s economy to shrink 4.8% on year in 2020 amid virus pandemic
Journal Staff Report

KYIV, May 22 – The government will revise its forecast that Ukraine’s economy is to shrink 4.8% on the year in 2020 amid the coronavirus pandemic, Minister of Economic Development, Trade and Agriculture Ihor Petrashko said.

"We are not going to update the macro forecast right now. We believe that our calculations have the right to come true. The most important thing is the volume of GDP and employment. In general, for now we see that we are moving in our fairway," he told reporters in Kyiv.




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