wiiw Current Analyses and Forecasts

Ukraine: Advancing state's withdrawal from the economy


Vasily Astrov

in: Recovery - in Low Gear across Tough Terrain
wiiw Current Analyses and Forecasts No. 7, March 2011 , pp. 105-108

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Ukraine is currently recording fairly robust economic growth matched by further political stabilization. This facilitates the implementation of IMF-sponsored fiscal reforms, which aim at diminishing the role of the state in the economy and reducing along sustainable lines the share of public debt to GDP . For the years to come, we expect a continuation of the current rate of growth, driven largely by private consumption and accompanied by a moderate increase in external deficits. Inflationary pressures are likely to intensify in the coming months, given the dynamics of global food prices and the planned hikes in energy and utility tariffs.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Ukraine