Ukraine: Request for A Stand-By Arrangement
IMF Staff Country Reports, May 1, 2014
Source details
- Canonical URL
- Ukraine: Request for A Stand-By Arrangement
Other formats
Bibliographic details
- Authors: Arrangement This
- Published: May 1, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484340370.002
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.
Key objectives of the authorities’ program
- Restore macroeconomic stability.
- Strengthen economic governance and transparency.
- Lay the foundation for robust and balanced economic growth.
Policy measures: immediate measures and deeper reforms
- Immediate measures aimed at securing stability.
- Deeper reforms to:
- achieve and sustain external sustainability,
- ensure financial stability,
- restore sound public finances,
- rationalize the energy sector,
- improve the business environment.
Subject areas and keywords
- 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
Content in this bundle
- _cr14106 — Executive Summary and Selected Excerpts