{
  "title": "Ukraine: 2008 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Ukraine",
  "publication": "IMF Staff Country Reports, July 9, 2008",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/ukraine-2008-article-iv-consultation-staff-report-staff-statement-public-information-notice-22163",
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  "summary": "This 2008 Article IV Consultation highlights that rapid domestic demand growth in Ukraine pushed the economy beyond its capacity in 2007–08, leading to accelerating inflation.",
  "publishDate": "2008-07-09",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Summary",
      "content": "- Rapid domestic demand growth in Ukraine pushed the economy beyond its capacity in 2007–08, leading to accelerating inflation.\n- The demand expansion was fed by fiscal and income policies and a capital-inflow driven surge in money and credit growth.\n- Rising food and energy prices, combined with the demand expansion, gradually lifted CPI inflation to more than 30 percent by end-April 2008.\n- Executive Directors commended Ukraine’s continued strong economic growth and increased overall resilience to shocks, while expressing concern that some macroeconomic vulnerabilities have increased."
    },
    {
      "heading": "Key findings and indicators",
      "content": "- CPI inflation: more than 30 percent by end-April 2008.\n- Period assessed: 2007–08.\n- Pages: 74.\n- Series: Country Report No. 2008/227.\n- Issue: 227.\n- Volume: 2008.\n- ISBN: 9781451839128.\n- ISSN: 1934-7685.\n- DOI: https://doi.org/10.5089/9781451839128.002.\n- Stock No: 1UKREA2008001."
    },
    {
      "heading": "Macroeconomic drivers identified",
      "content": "- Fiscal and income policies contributed to domestic demand expansion.\n- Capital-inflow driven surge in money and credit growth amplified the demand boom.\n- External price shocks (food and energy) intensified domestic inflationary pressures."
    },
    {
      "heading": "Executive Directors' assessment",
      "content": "- Positive: continued strong economic growth and increased overall resilience to shocks.\n- Concern: some macroeconomic vulnerabilities have increased (unspecified vulnerabilities as noted in report)."
    },
    {
      "heading": "Thematic coverage (subjects and keywords)",
      "content": "- Subjects: Banking, Currencies, Exchange rates, External debt, Foreign exchange, Inflation, Money, Prices, Public debt.\n- Keywords: core inflation, CR, Currencies, exchange rate band, Exchange rates, Global, Inflation, ISCR, market rate, problem bank, rate, regime, supervisory council, Western Europe."
    },
    {
      "heading": "Access and publication notes",
      "content": "- Publication date listed on the page: July 9, 2008.\n- Format and availability: IMF Staff Country Reports; PDF available via IMF eLibrary.\n- Related navigation items shown on the page include links to IMF eLibrary and IMF Publications Newsletter (subscription option).\n\nInternational Monetary Fund. \"Ukraine: 2008 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Ukraine\", IMF Staff Country Reports 2008, 227 (2008).\n\n---\n\n Content in this bundle\n\n- cr08227 — Executive Summary and Selected Findings\n  - cr08227 — Executive Summary and Selected Findings (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr08227 — Executive Summary and Selected Findings (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/ukraine-2008-article-iv-consultation-staff-report-staff-statement-public-information-notice-22163"
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    "Published: July 9, 2008",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451839128.002",
    "Rapid domestic demand growth in Ukraine pushed the economy beyond its capacity in 2007–08, leading to accelerating inflation.",
    "The demand expansion was fed by fiscal and income policies and a capital-inflow driven surge in money and credit growth.",
    "Rising food and energy prices, combined with the demand expansion, gradually lifted CPI inflation to more than 30 percent by end-April 2008.",
    "Executive Directors commended Ukraine’s continued strong economic growth and increased overall resilience to shocks, while expressing concern that some macroeconomic vulnerabilities have increased.",
    "CPI inflation: more than 30 percent by end-April 2008.",
    "Period assessed: 2007–08.",
    "Pages: 74.",
    "Series: Country Report No. 2008/227.",
    "Issue: 227.",
    "Volume: 2008.",
    "ISBN: 9781451839128.",
    "ISSN: 1934-7685.",
    "DOI: https://doi.org/10.5089/9781451839128.002.",
    "Stock No: 1UKREA2008001.",
    "Fiscal and income policies contributed to domestic demand expansion.",
    "Capital-inflow driven surge in money and credit growth amplified the demand boom.",
    "External price shocks (food and energy) intensified domestic inflationary pressures.",
    "Positive: continued strong economic growth and increased overall resilience to shocks.",
    "Concern: some macroeconomic vulnerabilities have increased (unspecified vulnerabilities as noted in report).",
    "Subjects: Banking, Currencies, Exchange rates, External debt, Foreign exchange, Inflation, Money, Prices, Public debt.",
    "Keywords: core inflation, CR, Currencies, exchange rate band, Exchange rates, Global, Inflation, ISCR, market rate, problem bank, rate, regime, supervisory council, Western Europe.",
    "Publication date listed on the page: July 9, 2008.",
    "Format and availability: IMF Staff Country Reports; PDF available via IMF eLibrary.",
    "Related navigation items shown on the page include links to IMF eLibrary and IMF Publications Newsletter (subscription option).",
    "**_cr08227 — Executive Summary and Selected Findings**"
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