"The economy of Ukraine will decline 8 times more than the economy of Russia."
"APA-Economics" reports with reference to "The Guardian" that such a forecast was included in the World Bank report.
According to World Bank analysts, Ukraine's economy is expected to shrink by 35% and Russia's economy by 4.5% at the end of 2022.
In the latest report of the Bank for Europe and Central Asia, "Although signs of an upturn in Ukraine's economy have been seen since April, the recovery process will be slow.
The damage of the war to the country is currently 349 billion.
It is US dollars, which is 1.5 times more than Ukraine's GDP.
"The Guardian" said that Ukraine is already a poor country, as a result of the 7-month war, 1/3 of the country's 44 million people have changed their permanent residence, and 60% of the population lives below the national poverty level.