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Ukraine is suffering significant economic losses due to the coronavirus pandemic

Ukraine is suffering significant economic losses due to the coronavirus pandemic
Ukraine is suffering significant economic losses due to the coronavirus pandemic08.04.2021

Ukraine is on the verge of the third wave of coronavirus: the incidence of COVID-19 may rise sharply in the first half of April.

A week of hard lockdown causes losses of 5 billion UAH to the Ukrainian economy. Ukraine's GDP decreased by 4.4% in 2020. Approximately 18,000 legal entities and 353,000 individual entrepreneurs are financially affected by the quarantine restrictions. During the first spring lockdown in 2020, up to 3.1 million Ukrainian citizens were sent on unpaid leave, or their working day was partially reduced.

According to some entrepreneurs, the best scenario for business could be the absence of quarantine, but with stricter control over sanitary norms compliance (wearing masks, social distance, etc.).