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First report 1h ago•Last update 44m ago

Ukraine's Economic Outlook: Recession Fears

The National Bank of Ukraine anticipates a decline in GDP, indicating the economy has entered a recession.

Background

Since the 2022 Russian invasion, Ukraine has faced significant economic disruption, extensive infrastructure damage, and displacement of its population. International financial aid and sanctions against Russia have been key factors in managing the crisis, but the conflict continues to impact Ukraine's economic stability.

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