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

International Monetary Fund

No 2005/415, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; government; exchange rate; debt; monetary policy; GDP; U.S. dollar; broad money; real GDP; draft budget; Inflation; Global; Baltics (search for similar items in EconPapers)
Pages: 132
Date: 2005-11-28
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