Russia Ukraine War: Ukraine's economy shrank 16% year-on-year in the first quarter of 2022
Kyiv:
Ukraine's economy shrank 16% year-on-year in the first quarter of this year and could contract 40% in 2022 as a result of Russia's invasion, the economy ministry said in a statement on Saturday, citing preliminary estimates.
"Areas in which remote work is impossible have suffered the most," it said.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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