Ukraine: 2005 Article IV Consultation and Ex Post Assessment of Longer-Term Program Engagement: Staff Reports; Staff Supplement; and Public Information Notice on the Executive Board Discussion
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Summary:
This paper focuses on Ukraine’s 2005 Article IV Consultation and Ex Post Assessment of Longer-Term Program Engagement. After four years of strong activity, annual growth has slowed sharply, from a peak of about 12 percent in 2004 to 3 percent for January–September 2005. Fiscal policy in 2005 has aimed at a significant fiscal tightening, with the supplementary 2005 budget targeting a general government deficit of 2½ percent of GDP compared with the 4½ percent of GDP realized during 2004, and the 6–7 percent of GDP implicit in the original 2005 budget.
Series:
Country Report No. 2005/415
Subject:
Currencies External debt Financial crises Fiscal policy Inflation Prices Public debt
English
Publication Date:
November 28, 2005
ISBN/ISSN:
9781451839067/1934-7685
Stock No:
1UKREA2005004
Pages:
132
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