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13/02/24

22:39

Post #: 72391501
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Originally posted by tangs: ↑

Ukraine's GDP rises by 3.5%
Ukraine's gross domestic product rose 3.5% in January on the previous year, its economy ministry has said.
Growth is expected to continue in the first quarter, driven by improving logistics for producers on things like export routes and state spending for rebuilding critical infrastructure, the ministry said in a statement.
Ukraine's economy was devastated by the Russian invasion in 2022 as millions fled the country, cities and infrastructure were bombed, and logistics, supply chains and exports were disrupted.
In 2022, GDP fell by about one-third.
But Ukrainian businesses have started adapting as the war approaches the two-year mark.
The government estimated that GDP grew by about 5% in 2023 and the economy ministry expects the economy to grow by 4.6% this year.
https://news.sky.com/story/ukraine-russia-war-news-putin-zelenskyy-latest-live-updates-12541713

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Ukraine's GDP is growing on the back of coffin makers, undertaker businesses and prosthetic manufacturers.
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