Ukraine’s economy probably contracted by 5% Jan-April,

Ukraine’s economy probably contracted by 5% Jan-April, compared to the first four months of last year, estimates the Economic Development and Trade Ministry. The new state budget, revised at the start of the lockdown, is based on a 3.9% contraction for the year. Yesterday, Prime Minister Shmygal presented in the Rada a plan designed to stimulate a V-shaped recovery in the second half of this year.