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Economic news

Ukraine’s GDP will be worse than expected-Central Bank

12/08/2022

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2022.12.08 07:47

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Ukraine's GDP will fall deeper than expected - central bank deputy governor
Ukraine’s GDP will be worse than expected-Central Bank

Budrigannews.com – Serhiy Nikolaychuk, deputy governor of the central bank, stated on Thursday that Russian air strikes on Ukraine’s energy infrastructure will cause a deeper decline in the country’s GDP this year than anticipated.

He stated at a news conference, “The fall in GDP will be deeper this year than we had expected in October.” We were expecting a much slower and weaker economic recovery the following year.