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The swathes of Ukrainian land contaminated with mines and unexploded devices are "paralyzing the economy" and ultimately "preventing Ukraine from recovering from the war," Collins, a star of...
Feb 13, 2024 · The WFP-FAO demining project is being carried out in close cooperation with rural communities and the Ukrainian authorities, as part of a broader government effort to clear vast swathes of contaminated land. The goal and the price tag are daunting: the World Bank estimates the cost could exceed $US37 billion.
May 7, 2024 · S ince Russia began its invasion in 2022, Ukraine’s economy has shrunk by a quarter. But the ravages of war are not the only reason for the government’s reduced tax take. Businesses are also...
Mar 7, 2023 · The war in Ukraine was a “massive and historic energy shock” to the markets, according to a November 2022 report by the OECD. The “shock” of the war was one of the main factors that had slowed economic growth in 2022 to just 3.1 percent, and why the OECD projected it to slow to 2.2 percent in 2023. The war, the report found, has had the ...
Jan 6, 2023 · After 10 months of Russian destruction, Ukraine’s economy shrank by 30 percent. But companies have packed up and moved, switched products and found support abroad.
In 2022, as a result of Russia’s full-scale invasion, Ukraine’s gross domestic product (GDP) fell by almost 30%. In 2023, economic growth exceeded expectations , with the National Bank of Ukraine (NBU) putting the latest estimate of the annual real GDP growth rate at 5.7% (at the beginning of 2023, the NBU’s forecast was 0.3%).
Mar 15, 2022 · The most important sector in Ukraine's economy is agriculture. Dubbed Europe's bread basket, the country is the world's biggest exporter of wheat due to its vast swathes of fertile soil that...
