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Ukraine may face high inflation pressure in 2007, NBU official warns
Journal Staff Report

KIEV, Nov. 13 – Ukraine may face extremely high inflation pressure next year due to expected problems with revenue collection that may further increase 2007 budget deficit, a senior National Bank of Ukraine official said.

Oleksandr Kireyev, the head of the banking and financial monitoring department at the NBU, said the government’s forecast of the inflation at 7.5% in 2007 is “increasingly unlikely.”




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