Ukraine’s economy likely to contract 7% in 2020, Dragon Capital forecasts Journal Staff Report
Head of Dragon Capital Tomas Fiala predicts a decline in Ukraine's gross domestic product (GDP) in 2020 by about 7% and its recovery in 2021 by about 4%. "Now we expect a fall [of the economy] by about 7% this year and a recovery of about 4% growth next year. This means that the economy will return to the level of early 2019 only by 2022," he said.
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