Ukrainian metallurgy has proven to be one of the most affected industries
According to the government, a quarterly decline in gross domestic product by 14% will lead to its decline as a whole for 2020 4.8%.
The fall of the Ukrainian economy in the April-June 2020 will be 14% compared to the same period of 2019. This forecast is contained in the issue prospectus of bonds of external state loan, represented by the Ministry of Finance to potential investors.
According to the government, a quarterly decline in gross domestic product by 14% will lead to its decline as a whole for 2020 and 4.8 percent for nominal GDP 3,985 trillion UAH.
The budget deficit will not exceed laid down in the law the figure of 7.5% of GDP for the year.
As reported, the Ministry of economic development, trade and agriculture estimates a decrease in the gross domestic product of Ukraine in January-may 5.9%.
Katrine Johns has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Gal Post, Katrine Johns worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my firstname.lastname@example.org 1-800-268-7128