Ukraine: 2002 Article IV Consultation—Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Ukraine
International Monetary Fund, Jul 16, 2002 - Business & Economics - 62 pages
This 2002 Article IV Consultation highlights that the economic situation in Ukraine has continued to improve in 2001. Real GDP growth is estimated to have increased from almost 6 percent in 2000 to 9 percent in 2001, mainly on account of double-digit growth of industrial output and a good grain harvest, resulting from favorable weather conditions and a lessening of government controls in agriculture. Fiscal policy through end-September 2001 was broadly on track, although indicators of revenue were affected by the accumulation of arrears on value-added tax refunds.
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IMF Concludes 2002 Article IV Consultation with Ukraine
Statement by Yuriy G Yakusha Alternate Executive Director for Ukraine April 24 2002
anti-dumping approved areas arrears on VAT Article IV consultation assessment audit balance of payments Bank of Ukraine broad money budget classiﬁcation continued country’s D.C. INTERNATIONAL debt deﬁcit Directors District Heating domestic EBRD EBRD’s economic growth end-December energy sector envisaged exchange rate expected shortfalls expenditure exports extemal extended arrangement external ﬁnancial financial sector ﬁscal foreign exchange foreign exchange market Fund’s Gazprom govemment government ﬁnance hryvnia implementation improve Indicators inﬂation International Monetary Fund international reserves investment issues Kyiv loans macroeconomic measures medium-term Naftogaz Paris Club payments discipline percent in 2001 percent of GDP private sector privatization proceeds progress projected reﬂecting remain restructuring revenue September signiﬁcant staff report statistics strategy structural reforms target tariffs tax amnesty tax arrears technical assistance transition transparency treasury U.S. dollar Ukraine’s Ukrainian authorities Ukrtelecom urged the authorities VAT refunds wage and pension World Bank