Ukraine’s GDP to fall by 40% – S&P
Aug 21st 2022 4:24am EDT

The rating agency’s forecast confirms an earlier projection by the economy minister The Ukrainian economy is expected to plunge by 40% this year, according to S&P Global Ratings, which raised the country’s foreign currency sovereign credit ratings on Friday, adding that Kiev had completed a distressed debt restructuring. The agency’s forecast coincides with that of […]
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