Ukraine : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

May 19, 1999

Summary:

This paper reviews economic developments in Ukraine during 1996–99. Output decline continued in 1997 and 1998, especially following the August 1998 crisis in Russia. During this period, Ukraine made substantial progress in reducing inflation, mainly through the implementation of a monetary policy that aimed at keeping the exchange rate broadly stable. However, the fiscal situation remained difficult, despite a sizable adjustment in 1998. Throughout the period, economic policy was influenced by developments in international capital markets.

Series:

Country Report No. 99/42

Subject:

English

Publication Date:

May 19, 1999

ISBN/ISSN:

9781451838930/1934-7685

Stock No:

1UKREA0011999

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

170

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