Ukraine: Request for Stand-by Arrangement—Staff Report; Supplement; Staff Statement; Press Release; and Statement by the Executive Director for Ukraine

Publication Date: May 01, 2014
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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(s): Stand-by arrangement requests | Fiscal policy | Fiscal reforms | Energy sector | Governance | Monetary policy | Banking sector | Economic indicators | Debt sustainability analysis | Letters of Intent | Press releases | Ukraine

Publication Date: May 01, 2014
ISBN/ISSN: 9781484340370/1934-7685 Format: Paper
Stock No: 1UKREA2014001 Pages: 126
US$18.00 (Academic Rate:
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