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Ukraine: Request for Stand-By Arrangement and Cancellation of Arrangement Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Ukraine

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  • International Monetary Fund

Abstract

The Ukrainian authorities have been able to restore macro-economic stability and growth following the severe economic crisis of 2014–15. However, efforts to create a more dynamic, open, and competitive economy have fallen short of expectations, and the economy still faces important challenges. Investment, particularly foreign direct investment, is held back by a difficult business environment, while large numbers of worker seek job opportunities abroad as economic growth is too low for incomes to noticeably close the gap with regional peers. Reserves have recovered, but remain relatively low, while the economy is still vulnerable to shocks.

Suggested Citation

  • International Monetary Fund, 2019. "Ukraine: Request for Stand-By Arrangement and Cancellation of Arrangement Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Ukraine," IMF Staff Country Reports 2019/003, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2019/003
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=46499
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    Cited by:

    1. Liudmyla Lukashova, 2020. "Facilitation of small business development as a means of combating labour migration," Technium Social Sciences Journal, Technium Science, vol. 11(1), pages 180-202, September.
    2. Irina Skuratovych & Nataliia Lytvyn & Iryna Panova & Ievgen Ovcharenko & Olena Hryhorevska, 2021. "Efficiency of using the potential of small business in ensuring sustainable economic growth," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(4), pages 742-756, June.

    More about this item

    Keywords

    ISCR; CR; heating tariff; macro-economic stability; prudent fiscal policy; regime; heating company; distribution tariff; IMF staff estimate; Currencies; Fuel prices; Europe; Global;
    All these keywords.

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