Ukraine: First Review Under the Stand-By Arrangement-Staff Report; Staff Statement; Press Release on the Executive Board Discussion.

February 17, 2011

Preview Citation

Format: Chicago

Ukraine: First Review Under the Stand-By Arrangement-Staff Report; Staff Statement; Press Release on the Executive Board Discussion., (USA: International Monetary Fund, 2011) accessed November 22, 2024

Summary

Ukraine’s 29-month Stand-By Arrangement (SBA) was approved. Ukraine’s satisfactory performance under the economic program supported by the Stand-By Arrangement, along with strong policy commitments for the coming year, are supporting a steady recovery in confidence and broadening of economic activity. Further efforts, including gas price increases and structural reforms, are needed to create a more viable and transparent energy sector. Important progress has been made in rehabilitating and restoring confidence in the financial system, including private bank recapitalization and steps toward strengthening the supervisory framework.

Subject: Banking, Credit, Currencies, Expenditure, External debt, Government debt management, Money, Public debt

Keywords: CR, Credit, Currencies, Draft budget, Eastern Europe, Europe, Gas price increase, Global, ISCR, Staff appraisal, Utility bill, Utility company

Publication Details

Pages:

71
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/052
Stock No:

1UKREA2011001
ISBN:

9781455217755
ISSN:

1934-7685

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