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Monday, 01 June 2015 - 7:39
Ukraine economy likely to shrink
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Ukraine's economy is likely to shrink by a worse-than-expected 9% in 2015, an International Monetary Fund mission to the country has concluded.

An IMF mission chief said that the continuing conflict in the east of the country "took a heavier-than-expected toll on the economy in the first quarter of 2015".

He said that Ukraine's inflation rate will hit 46% by the end of the year.
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