Ukraine’s economy will shrink this year by 5% “in an optimistic scenario,” Yulia Kovaliv, deputy head of President’s Zelenskiy’s office,

Ukraine’s economy will shrink this year by 5% “in an optimistic scenario,” Yulia Kovaliv, deputy head of President’s Zelenskiy’s office, told a COVID-19 online discussion hosted Monday by the European Business Association. Fighting the virus will also cause Ukraine’s budget deficit to more than triple this year, 2.1% to 7% of GDP.