Ukraine : First Review Under the Stand-By Arrangement, Requests for Waivers of Nonobservance of Performance Criteria, and Rephasing of Purchases Under the Arrangement; Staff Report; Staff Supplement; Press Release on the Executive Board Discussion.

Ukraine's economic downturn has been sharper than originally envisaged, mostly reflecting the deterioration of the external environment. The staff report examines Ukraine's first review under the Stand-By Arrangement, requests for Waivers of Nonobservance of Performance Criteria, and Repha...

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מידע ביבליוגרפי
מחבר תאגידי: International Monetary Fund
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2009.
סדרה:IMF Staff Country Reports; Country Report ; No. 2009/173
גישה מקוונת:Full text available on IMF
תיאור
סיכום:Ukraine's economic downturn has been sharper than originally envisaged, mostly reflecting the deterioration of the external environment. The staff report examines Ukraine's first review under the Stand-By Arrangement, requests for Waivers of Nonobservance of Performance Criteria, and Rephasing of Purchases Under the Arrangement. A flexible exchange rate policy, supported by base money targets and a transparent intervention strategy, remains a key component of the program. Given balance sheet effects associated with unhedged foreign currency borrowing, the central bank stands ready to take action to avoid excessive exchange rate depreciation.
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תיאור פיזי:1 online resource (76 pages)
פורמט:Mode of access: Internet
ISSN:1934-7685
גישה:Electronic access restricted to authorized BRAC University faculty, staff and students