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Government expects Ukraine’s GDP to rise by 4.6% in 2023

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However, Prime Minister Denys Shmyhal said that Ukraine's economy next year will largely depend on the course of Russia's war. He added that the country's GDP could fall by as much as 0.4% or grow by as much as 10% in 2023.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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The EU's new steel allocation, set to enter into force on July 1, was introduced in response to global steel overcapacity, which has been hurting EU producers. The measure aims to restrict tariff-free steel imports to 18.3 million metric tons per year, a 47% reduction.

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