wiiw Forecast Reports
UKRAINE: Lifeline from the IMF ahead of the elections
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in: Strong Growth Amid Increased Negative Risks
wiiw Forecast Report No. Autumn 2018, November 2018 , pp. 142-146
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