wiiw Forecast Reports

UKRAINE: Lifeline from the IMF ahead of the elections

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Vasily Astrov

in: Strong Growth Amid Increased Negative Risks
wiiw Forecast Report No. Autumn 2018, November 2018 , pp. 142-146

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Thanks to the booming domestic demand, economic growth should exceed 3% this year but will likely decelerate somewhat in 2019 due to recent monetary policy tightening. In the face of a less supportive global environment, Ukraine has agreed on a new IMF loan, which should ensure macroeconomic stability at least in the short term. However, the social impact of the related recent hike in gas tariffs may prove politically costly for the authorities ahead of the March 2019 presidential elections.

 

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

Countries covered: Ukraine


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