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Thursday, February 7, 2019
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?By sending $1 billion a month home, Ukrainians working abroad maintain the hryvnia exchange rate little changed and offset Ukraine’s growing trade deficit. This flow – far larger than IMF aid and foreign direct investment combined – gives the government breathing room to adopt market reforms that will stimulate real investment, experts tell UNIAN in a lengthy analysis. In a race against time, the government must create conditions for creating jobs with decent pay — or risk losing ‘temporary’ migrants to permanent residence in the EU, the report warns.

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