Ukraine: Request for A Stand-By Arrangement

May 1, 2014

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Ukraine: Request for A Stand-By Arrangement, (USA: International Monetary Fund, 2014) accessed November 21, 2024

Summary

This paper discusses Ukraine’s Request for a Stand-by Arrangement. Ukraine’s economy had been in recession since mid-2012. Inconsistent macroeconomic policies pursued in 2012–2013 aggravated deep-seated vulnerabilities and eventually generated a balance-of-payment crisis. Key objectives of the authorities’ program are to restore macroeconomic stability, strengthen economic governance and transparency, and lay the foundation for robust and balanced economic growth. To achieve these objectives, the government will implement immediate measures aimed at securing stability, combined with deeper reforms to achieve and sustain external sustainability, ensure financial stability, restore sound public finances, rationalize the energy sector, and improve the business environment.

Subject: Banking, Debt service, Exchange rates, External debt, Foreign exchange, Public debt

Keywords: CR, Debt service, Deposit dynamics, Deposits rising, Europe, Exchange rates, Fund, Global, Household deposit withdrawal, ISCR, Press statement, Staff appraisal, Ukraine

Publication Details

Pages:

126
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/106
Stock No:

1UKREA2014001
ISBN:

9781484340370
ISSN:

1934-7685

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