Ukraine : Request for A Stand-By Arrangement

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

May 1, 2014

Electronic Access:

Free Full Text (PDF file size is 2238 KB).Use the free Adobe Acrobat Reader to view this PDF file

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.

Series:

Country Report No. 14/106

Subject:

English

Publication Date:

May 1, 2014

ISBN/ISSN:

9781484340370/1934-7685

Stock No:

1UKREA2014001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

126

Please address any questions about this title to publications@imf.org