Fiscal Balance in Ukraine

Ukraine Fiscal Balance | Economic News & Forecasts

Ukraine - Fiscal Balance

In the first quarter, the economy grew at the weakest pace since Q4 2017. A sharper drop in industrial production seemingly drove the deceleration, chiefly due to contracting manufacturing activity. Turning to Q2, growth appears to have recovered somewhat. Industrial production rebounded in April on a recovery in manufacturing, and mining and quarrying output. Furthermore, a jump in consumer confidence, surging retail sales and a stronger hryvnia bode well for household consumption. In the political arena, on 20 May, the newly-inaugurated President Zelensky called for snap parliamentary elections to be held in mid-July, in an attempt to capitalize on his political momentum. Following the announcement, the IMF reportedly agreed to release the next tranche of financing after the election, providing much-needed reassurance to foreign investors.

Ukraine - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-4.3  -4.5  -1.6  -2.3  -1.4  

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Ukraine Facts

ValueChangeDate
Bond Yield19.000.0 %Jul 27
Exchange Rate26.460.30 %Jun 13
Stock Market5520.21 %Jun 13

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