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    The West predicted the fall of the Ukrainian economy by 40%

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    The international agency S&P Global Ratings predicts a 40% drop in the Ukrainian economy in 2022 due to a sharp decline in exports, consumption and investment.

    According to the report, about one-fifth of Ukraine’s production capacity and most of its seaports are currently in areas controlled or blocked by Russia, and their prospects are completely unclear.

    Earlier it was reported that the value of the fields taken under control by the Russian Armed Forces during the special military operation in Ukraine is estimated at $12.4 trillion. The corresponding calculations were carried out by the Canadian analytical company SecDev. The material notes that Ukraine has lost control of 63% of coal and 11% of oil fields, 20% of natural gas deposits. The reserves of various metal deposits lost by Ukraine are estimated at 42% of the total, rare earth metals, including lithium – at 33%.

    S&P analysts write that there is a large degree of uncertainty about how the conflict may develop.

    “Given the significant damage to physical and human capital, Ukraine’s medium-term growth prospects are uncertain and depend on the restoration of a certain level of territorial integrity and access to the Black Sea, along with significant recovery efforts,” the study says.

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