01964cas a2200241 a 4500 AALejournalIMF017562 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475592481 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Ukraine : 2016 Article IV Consultation and third review under the Extended Arrangement, Requests for a Waiver of Non-Observance of a Performance Criterion, Waiver of Applicability, Rephasing of Access and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Ukraine. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (175 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2016 Article IV Consultation shows that following a severe crisis in 2014-15, the economy of Ukraine is growing again. The flexible exchange rate and tight fiscal and monetary policies have greatly reduced internal and external imbalances. The current account deficit fell sharply, from more than 9 percent of GDP in 2013 to 3.6 percent of GDP in 2016. The overall fiscal deficit declined to 2.3 percent of GDP in 2016. Growth will remain at 2 percent in 2017 due to the impact of the blockade in the eastern part of Ukraine, but is expected to reach 3 percent in 2018 as the economy adjusts and about 3.5-4.0 percent over the medium term. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/083 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/083/002.2017.issue-083-en.xml IMF e-Library