IMF Staff Country Reports

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

Author/Editor:

International Monetary Fund

Publication Date:

February 17, 2011

Electronic Access:

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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.

Series:

Country Report No. 11/52

Subject:

Economic indicators Economic recovery Energy sector Financial sector Fiscal policy Fiscal reforms Flexible exchange rate policy Monetary policy Press releases Stand-by arrangement reviews Ukraine