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Economy / Ukraine

C/A Deficit To Peak In 2009?

March 2008 | Economic Analysis

Despite Ukraine's current account deficit for 2007 widening further than expected, we maintain our view that the deficit as a percentage of GDP will narrow beyond 2009. Moreover, we believe that the shortfall does not pose a significant risk to macroeconomic stability, and will continue to be covered by the financial account surplus going forward.

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