{
  "title": "Ukraine: Staff Report for the 2012 Article IV Consultation",
  "publication": "IMF Staff Country Reports, November 27, 2012",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/ukraine-staff-report-for-the-2012-article-iv-consultation-40118",
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  "summary": "Following the 2008/9 financial crisis and deep recession, a cyclical recovery took hold in Ukraine, supported by a stronger external environment. Efforts to consolidate public finances and repair the banking system began strengthening Ukraine’s resilience to external shocks.",
  "publishDate": "2012-11-27",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Executive summary and context",
      "content": "- Publication date: November 27, 2012\n- Main summary: Following the 2008/9 financial crisis and deep recession, a cyclical recovery took hold in Ukraine, supported by a stronger external environment. Efforts to consolidate public finances and repair the banking system began strengthening Ukraine’s resilience to external shocks. More recently, policies have not been sufficient to meet key objectives, and the government has hesitated to undertake politically unpopular reforms. The external environment has become less supportive, and the recovery is losing momentum.\n- Subject classification: Banking, Currencies, Exchange rates, External debt, Foreign exchange, Government debt management, Money, Public debt, Public financial management (PFM)\n- Keywords: CR, Currencies, deficit, deficit target, Eastern Europe, Exchange rates, Global, government, Government debt management, government deficit improvement, ISCR, monetary policy, public finance, U.S. dollar, Ukraine"
    },
    {
      "heading": "Key findings and indicators",
      "content": "- Recovery dynamics:\n  - A cyclical recovery emerged after the 2008/9 financial crisis and deep recession, supported by a stronger external environment.\n  - The recovery is losing momentum as the external environment becomes less supportive.\n- Policy performance:\n  - Efforts were made to consolidate public finances and repair the banking system, which began strengthening resilience to external shocks.\n  - More recently, policies have not been sufficient to meet key objectives.\n  - The government has hesitated to undertake politically unpopular reforms.\n\n---\n\n Content in this bundle\n\n- Ukraine: 2012 Article IV consultation--Staff Report; IMF Country Report 12/315; June 15, 2012\n  - Ukraine: 2012 Article IV consultation--Staff Report; IMF Country Report 12/315; June 15, 2012 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Ukraine: 2012 Article IV consultation--Staff Report; IMF Country Report 12/315; June 15, 2012 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/ukraine-staff-report-for-the-2012-article-iv-consultation-40118"
    }
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    "Published: November 27, 2012",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781475591347.002",
    "Publication date: November 27, 2012",
    "Main summary: Following the 2008/9 financial crisis and deep recession, a cyclical recovery took hold in Ukraine, supported by a stronger external environment. Efforts to consolidate public finances and repair the banking system began strengthening Ukraine’s resilience to external shocks. More recently, policies have not been sufficient to meet key objectives, and the government has hesitated to undertake politically unpopular reforms. The external environment has become less supportive, and the recovery is losing momentum.",
    "Subject classification: Banking, Currencies, Exchange rates, External debt, Foreign exchange, Government debt management, Money, Public debt, Public financial management (PFM)",
    "Keywords: CR, Currencies, deficit, deficit target, Eastern Europe, Exchange rates, Global, government, Government debt management, government deficit improvement, ISCR, monetary policy, public finance, U.S. dollar, Ukraine",
    "Recovery dynamics:",
    "Policy performance:",
    "**Ukraine: 2012 Article IV consultation--Staff Report; IMF Country Report 12/315; June 15, 2012**"
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