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Ukraine economy to contract sharply in 2022
due to war, IMF report says
By Andrea Shalal, Natalia Zinets and David Lawder - Zh ago
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@ Reuters/ Johannes Christo__
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By Andrea Shalal, Natalia Zinets and David Lawder
E
WASHINGTON (Reuters) ~Ukraines economy is expected to contract by 10% in 2022 as a result of
Russia's invasion, but the outlook could worsen sharply if the conflict lasts longer; the International
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Monetary Fund said in a staff report released on Monday:
S1,000 PER YEAR
invalue with statemient credits cn select purchases;
including tech, recruiting, travel and more.
The report; prepared ahead of the IMF's approval of S1.4
billion in emergency financing, said Ukraine's economic
output could shrink by 25% to 35%,based on real wartime
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