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Despite its economy steadily improving from the first months of the full-scale invasion, very little foreign capital is currently trickling down to Ukraine’s private and public sectors. Money from international financial institutions has helped stabilize the economy, bolstering forecasts of 3.2% gross domestic product (GDP) growth this year, according to the World Bank. But private investors are still hesitant in the face of a protracted conflict and war risk insurance programs have failed to persuade most. “It’s impossible to expect investments during the war. The risk of war is so huge,” Ser…

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