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Ukrainian GDP could fall by 50% if Russia continues shelling of infrastructure, PM says

14 December, 2022 Wednesday
04:20

If Russia continues massive missile attacks on Ukrainian infrastructure, the Ukrainian economy may shrink by up to 50%

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This was stated by Prime Minister Denys Shmyhal at the Forum on Economic Stability and Reconstruction of Ukraine in Paris, reports Interfax-Ukraine.

"The reduction of the Ukrainian economy is predicted at the level of 35-40%. If Russia's terrorist activity against our infrastructure is continued, then we may lose another 10% to these figures, i.e. up to 50% of our GDP," said the head of the government.

On December 13, Prime Minister Denys Shmyhal said that as part of the international conference "Solidarity with the Ukrainian People" held in Paris, Ukraine will receive $1 billion in aid.

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