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externalEBRD: Ukraine’s economy to shrink by a fifth this year.

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March 31, 2022 12:24 pmby The Kyiv Independent news desk

According to the European Bank for Reconstruction and Development, the economy may bounce back in 2023, growing 23%, under a scenario where a ceasefire is brokered within several months. “Currently, the war is happening on territories that produce 60% of Ukrainian GDP,” the EBRD said in the report.

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The Kyiv Independent news desk
Author:  The Kyiv Independent news desk
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