BofA expects Ukraine’s economy to shrink 1.1% on year in 2020 Journal Staff Report
Analysts from Bank of America (BofA) at the end of last week worsened the assessment of prospects for the Ukrainian economy in 2020 and expect a decrease in the country's GDP by 1.1% due to the increased interruptions in its work. IMF support remains a key assumption for the whole scenario, we remain constructive, given a lack of alternatives, the document says.
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