International Monetary Fund

Ukraine is a country located in Eastern Europe that gained independence from the Soviet Union in 1991. Despite its large land area and rich natural resources, Ukraine's economy has struggled since its independence, and the country has been facing various financial challenges in recent years. One of the biggest challenges Ukraine has faced is the possibility of default. A default is defined as a situation where a borrower is unable to repay its debt. The possibility of default in Ukraine has…

Georgia is a country located in the South Caucasus region and has a rich and diverse history. The Georgian economy has gone through its ups and downs in the past few decades, and in this article, we will take a closer look at its historical GDP and project what the future might look like. To start, let's examine the historical GDP of Georgia by nominal values. The chart shows that Georgia, like many other former Soviet republics, experienced a decline in its economy in the 1990s. This…