Ukraine GDP down by 20%

Author (Person)
Series Title
Series Details 2.7.09
Publication Date 02/07/2009
Content Type

Article reports that Gross domestic production in Ukraine, one of the world’s most recession-battered economies, contracted by 20% in the first quarter of 2009, according to official government figures released on the 30 June 2009.

After months of delay, the figures were released by the government of Yulia Tymoshenko, Prime Minister, during a visit to Kiev by an International Monetary Fund mission. The Fund is mulling whether to grant Ukraine a third tranche from a $16.4bn lifeline granted in the autumn of 2008.

Related Links
IMF: Ukraine and the IMF http://www.imf.org/external/country/UKR/index.htm
ESO: Background information: IMF set to unlock loan to Ukraine http://www.europeansources.info/record/imf-set-to-unlock-loan-to-ukraine/

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