Ukraine minister: GDP contraction of 39% expected in 2022 vs earlier forecast of 35%
Summary : Ukraine minister: GDP contraction of 39% expected in 2022 vs earlier forecast of 35%. WASHINGTON, Nov 9 (Reuters) – Ukrainian economy minister Yulia Syvrydenko said Russia’s destruction of civilian infrastructure would widen the expected contraction of gross domestic production to 39% from an earlier forecast calling for a 35% drop.
Syvrydenko told reporters the Ukrainian government was taking steps to reduce the size of the government that would also include reduction of staff and that she is seeking a year-long extension of suspension of U.S. tariffs on steel.
WASHINGTON, Nov 9 (Reuters) – Ukrainian economy minister Yulia Syvrydenko said Russia’s destruction of civilian infrastructure would widen the expected contraction of gross domestic production to 39% from an earlier forecast calling for a 35% drop. Syvrydenko told reporters the Ukrainian government was taking steps to reduce the size of the government that would also include reduction of staff and that she is seeking a year-long extension of suspension of U.S. tariffs on steel .
