The International Monetary Fund forecasts the inflation will be at the level of 11% in Ukraine, Albert Jaeger, IMF Mission Head said Wednesday at a press conference on the results of the IMF visit to Ukraine on October 12-25.

“The inflation will be 10% in 2006… Regarding the policy implemented by the government, the inflation may be held at 11%-level” said the IMF official. He outlined the import gas price hike as the key inflationary risk.

According to Mr Jaeger, the IMF prognosis on Ukraine’s GDP growth (up to 6%) is grounded on better than excepted steel prices on the international market and the consumption increase in Ukraine.


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