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The Cabinet has estimated losses of Ukraine from the blockade of Donbass

В Кабмине подсчитали потери Украины от блокады ДонбассаThe Minister of Finance stated about the probable decline in GDP of two percent.

Ukraine’s losses from the blockade of Donbas may reach 2% of GDP. This was stated by the Finance Minister Oleksandr danylyuk during an investment conference in Kiev.

“We have a middle scenario – 1-1,3%, but it could be worse – up to 2% (of GDP losses from the blockade of Donbass)”, – said the Minister.
While he has not announced the size of the expected losses of state budget revenues.

In turn, the national Bank earlier announced that the blockade of the routes in the Donbas will slow the growth of Ukraine’s GDP by 1.3% to 1.5% in 2017.

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