Ukraine's economy may shrink up to 35% if war continues, says IMF
The report, prepared ahead of the IMF`s approval of $1.4 billion in emergency financing, said Ukraine`s economic output could shrink by 25% to 35%, based on real wartime gross domestic product data from Iraq, Lebanon and other countries at war.
Mar 14, 2022, 22:56 PM ISTIMF chief Christine Lagarde warns Ukraine over rescue program
An IMF program to prop up cash-strapped Ukraine`s stricken economy cannot continue without reform by the authorities in Kiev, International Monetary Fund chief Christine Lagarde warned Wednesday.
Feb 10, 2016, 18:09 PM ISTUkraine`s economy to shrink by a massive 7.5% in 2015: World Bank
The World Bank sharply cut its outlook for war-torn Ukraine Wednesday, forecasting its economy will shrink by a massive 7.5 percent this year due to the conflict with pro-Russian separatists.
Apr 29, 2015, 18:18 PM ISTUkraine economy shrank 7.5% in 'worst year since WWII'
Ukraine`s central bank chief said on Tuesday that the strife-torn country`s economy contracted by 7.5 percent in 2014 while inflation soared in a year more painful than any since World War II.
Dec 30, 2014, 18:45 PM ISTIMF says Ukraine economy to shrink 6.5% instead of 5% in 2014
The International Monetary Fund said on Friday it expected Ukraine`s economy to shrink by 6.5 percent in 2014 instead of the 5.0 percent it forecast earlier this year because of the escalating eastern uprising.
Jul 18, 2014, 14:18 PM IST