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

1UKREA2008001 Image
Price:  $18.00

Release Date: © July, 2008
ISBN : 978-1-45183-912-8
Stock #: 1UKREA2008001
English
Stock Status: On back-order

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Description

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. The demand expansion, fed by fiscal and income policies and a capital-inflow driven surge in money and credit growth, in combination with rising food and energy prices, gradually lifted CPI inflation to more than 30 percent by end-April 2008. Executive Directors have commended Ukraine’s continued strong economic growth and increased overall resilience to shocks. They have also expressed concern that some macroeconomic vulnerabilities have increased.

Taxonomy

Economic policy , Fiscal policy , Inflation , Monetary policy




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