Ukraine: 2003 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Ukraine

This 2003 Article IV Consultation highlights that real GDP of Ukraine grew by more than 41⁄2 percent in 2002, marking the third year of Ukraine's economic expansion following the 1998/99 financial crisis. As in 2001, growth was not only supported by robust consumer spending, reflecting large wa...

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Bibliographic Details
Corporate Author: International Monetary Fund (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 2003
Series:IMF Staff Country Reports Country Report No. 03/172
Online Access:UBW01
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Volltext
Summary:This 2003 Article IV Consultation highlights that real GDP of Ukraine grew by more than 41⁄2 percent in 2002, marking the third year of Ukraine's economic expansion following the 1998/99 financial crisis. As in 2001, growth was not only supported by robust consumer spending, reflecting large wage increases, but also by an increase in net external demand. Consumer price inflation fell to near zero in 2002, reflecting primarily the good harvests in 2001/02 and the resulting sharp drop in food prices. Low inflation was also supported by a tightening of fiscal policy and delays in increasing administered prices
Physical Description:1 Online-Ressource (65 p)
ISBN:1451838964
9781451838961