Dec 7, 2010
| Last Updated
- Economic growth will pick up moderately in 2011 led by fixed investment. However, a fragile banking system and fiscal austerity will prevent a broader recovery in domestic demand.
- The renewal of Ukraine’s IMF loan program eased external financing risks in 2010. However, strict targets in 2011 could knock the program off track.
- Inflation is set to accelerate on the back of higher energy and food prices.
Growth Dynamics: Slower Growth Ahead
After returning to growth in H1 2010 Ukraine’s economic recovery is now being held back by credit constraints and IMF program[...]
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