Ukraine: Request for Stand-By Arrangement-Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion

May 18, 2004

Preview Citation

Format: Chicago

Ukraine: Request for Stand-By Arrangement-Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion, (USA: International Monetary Fund, 2004) accessed December 23, 2024

Summary

This paper examines Ukraine’s Request for a Stand-By Arrangement (SBA). The authorities have requested a 12-month SBA, which they intend to treat as precautionary. Their economic program for 2004 aims to sustain recent stabilization gains and advance some important structural reforms. Key objectives are to support economic growth; keep inflation under control; bolster debt sustainability; maintain an adequate level of international reserves; reduce credit risk in the banking sector; and improve the investment climate, including through wide-ranging tax reforms.

Subject: Arrears, Commercial banks, Credit, Debt service, External debt, Money, Public debt

Keywords: Arrears, Baltics, CR, Credit, Debt service, February, Government, Increase foreign direct investment, ISCR, Stewardship of monetary policy, Strengthening of banking sector capitalization, Ukraine's stewardship, VAT refund arrears

Publication Details

Pages:

92
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/129
Stock No:

1UKREA0022004
ISBN:

9781451839005
ISSN:

1934-7685

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