IMF: Deficit of public finances in Ukraine reached 11.5% of GDP in 2009.

By bne IntelliNews March 19, 2010
A deficit of public finances in Ukraine in 2009 reached about 11.5% of GDP , IMF Resident Representative in Ukraine Max Alier has announced the IMF's estimate in Kyiv. He said this figure included the state budget deficit at 6.5% of GDP , the deficit of Ukraine 's state oil and gas firm Naftogaz at 2.5% of GDP , as well as funds for the recapitalization of commercial banks at 2.5% of GDP .

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