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World Bank estimates Ukraine GDP drop worse than expected

Projects an 8% fall instead of previous 5% estimate

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(ANSA) - Kiev, October 2 - The World Bank on Thursday revised its estimate on the drop in Ukrainian GDP this year, saying it will fall by 8% and not 5% as forecast in June.
    The plunge results from an ongoing conflict between Ukraine and Russia, World Bank analysts said.
    Also on Thursday, Russian President Vladimir Putin said that Russia does not intend to restrict the movement of foreign capital as foreign investors scramble to pull their money out of Russia in light of Western sanctions on the country.
   

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