Ukraine's IMF Agreement Could Worsen the Country's Problems
After two years of almost no economic growth, the IMF is now projecting a steep recession for this year, with the economy shrinking by 5 percent. This is largely because of budget tightening that the government has committed to, amounting to about 3 percent of GDP over the next two years.
ukraine imf agreement worsen country problem year economic growth imf project steep recession year economy shrink percent largely budget tighten government commit amount percent gdp year