Ukraine: Recent Economic Developments

November 17, 1997

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Ukraine: Recent Economic Developments, (USA: International Monetary Fund, 1997) accessed November 25, 2024

Summary

This paper describes economic developments in Ukraine during the 1990s. In 1996, Ukraine achieved a measure of macroeconomic stability for the first time since gaining independence. Inflation, which at times had bordered on hyperinflation, fell to an average monthly rate of 2.8 percent and, except in months with major administered price changes, remained low throughout the year. This trend continued in 1997, when inflation averaged less than 1 percent a month during the first half of the year.

Subject: Arrears, Banking, Currencies, Expenditure, Exports, External debt, Imports, International trade, Money, Pension spending

Keywords: Arrears, Broad money, CR, Currencies, Exchange rate, Exports, First quarter, Imports, ISCR, Pension spending, Real GDP, U.S. dollar, Western Europe

Publication Details

Pages:

106
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1997/109
Stock No:

1UKREA0011997
ISBN:

9781451838923
ISSN:

1934-7685

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