Ukraine’s Economy Could Shrink 40% in 2022 Owing To Russian Invasion

Ukraine's Economy Could Shrink 40% in 2022 Owing To Russian Invasion

Russia Ukraine Warfare: Ukraine’s financial system shrank 16% year-on-year in the primary quarter of 2022

Kyiv:

Ukraine’s financial system shrank 16% year-on-year in the primary quarter of this yr and may contract 40% in 2022 because of Russia’s invasion, the financial system ministry stated in a observation on Saturday, mentioning initial estimates.

“Spaces in which faraway paintings is unattainable have suffered probably the most,” it stated.

(This tale has no longer been edited via NDTV body of workers and is auto-generated from a syndicated feed.)

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