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EDITOR'S PICKS
The IMF has improved its estimate of Ukraine's GDP growth in 2021 to 3.5% from 4%. Unlike many other European countries, Ukraine's GDP proved relatively resilient to the global pandemic last year, since services sectors at greatest risk from social distancing measures (arts, retail, recreation, accommodation, entertainment, and food services) make up only about 2% of gross value added (GVA). On the other hand, industrial and agricultural production, which together account for one-third of GVA, has continued to expand with little disruption.
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