Ukraine: Request for Stand-By Arrangement-Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion
May 18, 2004
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
Pages:
92
Volume:
2004
DOI:
Issue:
129
Series:
Country Report No. 2004/129
Stock No:
1UKREA0022004
ISBN:
9781451839005
ISSN:
1934-7685




