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Ukraine's economy shrinks by estimated 16% between January and April.

by The Kyiv Independent news desk April 2, 2022 1:49 PM 1 min read
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Ukraine's economy may shrink by 40% by the end of the year due to the war, according to Denys Kudin, the first deputy minister of economy. Prime Minister Denys Shmyhal said on March 29 that economic losses due to the war could exceed $1 trillion.

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