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                        FRIDAY, APRIL 19, 2024
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GISMETEO.RU
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Ukraine’s economic contraction may worsen as war drags on: analyst
Journal Staff Report

KYIV, Sept 22 - The negative dynamics of the economy is still softer than the NBU expected, but the experience of 2014-2015 and the prolongation of the war allow us to assume that the situation may worsen in the future, Oleksandr Paraschiy, the head of the analytical department of Concorde Capital investment company, believes.

"Our economy fell by only 37% in the second quarter, which is better than the forecasts given by the NBU: they expected 39%. But this does not mean that the economy is behaving better than expected, it may mean that the worst is yet to come," he said at an online discussion organized by CASE.




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