The future of the Ukrainian economy has become even more gloomy in the eyes of experts. If earlier they predicted a decrease in GDP by 4.2%, now this figure has dropped to 6%.
This was reported by the Ministry of Economy of Ukraine.
“According to forecasts of experts from the Ministry of Economic Development and Trade, Ukraine is showing a deeper fall than the world economy, it will amount to 6% in 2020. The nature of the recovery will depend on the already existing quarantine measures in Ukraine, as well as strengthened in the conditions of “adaptive quarantine”, which will have a negative impact on the country’s economy, as a result of which the recovery will be slow”, – the message says.
In addition, all elements of demand will show negative dynamics. The biggest drop in investment will be (from 14.8% to 20.3%).