Ukraine’s ‘lost decade’ of economic growth cost the nation $1 trillion in GDP

Monday, November 9, 2020
Ukraine’s ‘lost decade’ of economic growth cost the nation $1 trillion in GDP

Ukraine’s ‘lost decade’ of economic growth cost the nation $1 trillion in GDP, Prime Minister Shmyhal told the Rada Friday. Presenting a national ‘economic audit,’ he said: “Ukrainian citizens lost one trillion — due to constant changes in vectors [priorities], incomplete reforms, absence of long-term economic strategy, corruption, inefficient governance.” Last year, Ukraine’s GDP was $155 million.

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