Wall Street Journal: IMF says Ukraine current account deficit seen widening to 6.5% of GDP
2012-05-30 12:15:48
Ukraine's current account deficit is expected to widen to 6.5% of the country's gross domestic product this year, as weaker demand for the country's exports is seen slowing growth to around 3%, the International Monetary Fund said on May 29 after its annual economic review of the country.
The IMF warned that with considerable external financing needs that leave Ukraine vulnerable to volatile investment flows, Kyiv needs to institute policies "consistent with economic stability and steady progress in implementing a reform agenda in key reform areas."