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
November 28, 2005
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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.
Subject: Currencies, External debt, Financial crises, Fiscal policy, Inflation, Prices, Public debt
Keywords: Baltics, broad money, CR, debt, draft budget, exchange rate, GDP, Global, government, Inflation, ISCR, monetary policy, real GDP, U.S. dollar
Pages:
132
Volume:
2005
DOI:
Issue:
415
Series:
Country Report No. 2005/415
Stock No:
1UKREA2005004
ISBN:
9781451839067
ISSN:
1934-7685
