IMF decides not to include Ukraine in list of low-income countries

IMF decides not to include Ukraine in list of low-income countries

Ukraine has not been included in the list of low-income developing countries where per capita income is below the threshold level.

This is stated in the latest IMF report "Macroeconomic Developments and Prospects in Low-Income Developing Countries," which was released on Thursday, March 22.

"There are two countries - Timor-Leste and Ukraine - not included in the 2014 LIDC grouping where per capita income levels fall below the proposed threshold level," the document says.

It also notes that the fall of income levels in Ukraine, which were recorded below the operational threshold of $2,330, "mainly reflects the impact of the armed conflict."

At the same time, the document says that Ukraine's poverty levels, employment structure, life expectancy, and educational levels "are similar to those of a typical emerging market economy."

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