The World Bank predicts that Ukraine’s economy will shrink this year by 3.5%.

The World Bank predicts that Ukraine’s economy will shrink this year by 3.5%. This moderate forecast is contingent on the virus subsiding in the second half of the year and on Ukraine reaching an agreement with the IMF. If those two conditions are met, the Bank says, Ukraine’s economy should return to its path of moderate growth, growing next year by 3%. In 2019, Ukraine’s GDP grew by 3.2%, and in 2018, by 3.4%.