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Ukraine: Request for A Stand-By Arrangement

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2014. "Ukraine: Request for A Stand-By Arrangement," IMF Staff Country Reports 2014/106, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2014/106
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=41516
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    Cited by:

    1. Anton Grui & Artem Vdovychenko, 2019. "Quarterly Projection Model for Ukraine," Working Papers 03/2019, National Bank of Ukraine.
    2. Ms. Pritha Mitra & Mr. Tigran Poghosyan, 2015. "Fiscal Multipliers in Ukraine," IMF Working Papers 2015/071, International Monetary Fund.

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