Ukraine : 2006 Article IV Consultation; Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion.

This 2006 Article IV Consultation highlights that Ukraine's fiscal policy in 2005-06 reshuffled resources from higher saving businesses to lower saving households, touching off a consumption boom, which has been reinforced by rapid credit expansion. In 2005, this boom helped to offset the drag...

Fuld beskrivelse

Bibliografiske detaljer
Institution som forfatter: International Monetary Fund
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2007.
Serier:IMF Staff Country Reports; Country Report ; No. 2007/050
Online adgang:Full text available on IMF
Beskrivelse
Summary:This 2006 Article IV Consultation highlights that Ukraine's fiscal policy in 2005-06 reshuffled resources from higher saving businesses to lower saving households, touching off a consumption boom, which has been reinforced by rapid credit expansion. In 2005, this boom helped to offset the drag on the economy from marked real currency appreciation, weaker steel exports owing to intensified third-country competition, higher business-tax collections, and post-Orange-Revolution reforms, which clamped down on tax loopholes, smuggling, and corruption. The authorities have proven adept at hitting low fiscal deficit targets.
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Fysisk beskrivelse:1 online resource (73 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students