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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.

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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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