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Ukraine's economy shrank by more than 30% in 2022 | CNN Business

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The projected 30.4% contraction in gross domestic product is much better than experts feared shortly after Russia’s invasion in February 2022

Ukraine’s economy shrank by more than 30% in 2022 after Russia’s brutal invasion destroyed infrastructure, paralyzed businesses and disrupted daily life, according to the country’s economy ministry. “During 2022, Ukraine’s economy suffered the largest losses and damage in the history of its independence,” Economy Minister Yulia Svyrydenko said Thursday. . At the time, many projected that Ukraine’s economic output would plunge by between 40% and 50%.

“The successes of the Ukrainian defense forces on the battlefield, the coordinated work of the government and business, the indomitable spirit of the population, the speed of restoration of destroyed/damaged critical infrastructure by domestic services, as well as systematic financial support from international partners allowed us to hold the economic front and continue to move towards victory,” Svyrydenko said.

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You mean the ‘experts’ got it wrong AGAIN? What a surprise.

Is there COVID 19 in Ukraine? Why do you not share the data

I hope Zelensky will quit counting his dead and quit whining and begging for help and that he will accept Putin's demands: no NATO, no Nazi (as neighbors). The West is a mix capitalism-fascism; the East is a mix capitalism-fascism-communism. The first mix is weaker than the 2nd.

Much better than TERRIBLE is still TERRIBLE...way to try and soften the Biden disaster.

After pumping billions ofcourse. 'experts' didn't take those billions into consideration.

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