The International Monetary Fund does not consider Ukraine a low-income developing country and links the fall of incomes in the country with the armed conflict in the Donbas.
This is said in a survey of the IMF on macroeconomic situation in low-income developing countries.
It reads that in 2014 the level of income per capita in Ukraine was 14% lower than the level when countries are included in the group of low-income developing countries (USD 2,330 of annual income).
Ukraine was not included in the group of low-income developing countries either because the level of poverty, the structure of employment, the expectancy of life, and the level of education are typical for emerging market economies.
As Ukrainian News Agency earlier reported, in 2018, Ukraine improved from the fifth to the seventh its position in Bloomberg's list of unhappiest economies and now the country is the seventh after Venezuela, South Africa, Argentina, Egypt, Greece and Turkey.
Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.
To request a correction, please send an email.