Ukraine : Request for Stand-By Arrangement and Cancellation of Current Arrangement Staff Report; Staff Supplement; Press Release on the Executive Board Discussion.

Even though the global financial crisis hit Ukraine hard, the Stand-By Arrangement (SBA) program managed to restore macroeconomic and financial stability. Executive Directors welcomed the new SBA aimed to consolidate public finances, restore banking system soundness, and develop a more robust moneta...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Staff Country Reports; Country Report ; No. 2010/262
Online Access:Full text available on IMF
Description
Summary:Even though the global financial crisis hit Ukraine hard, the Stand-By Arrangement (SBA) program managed to restore macroeconomic and financial stability. Executive Directors welcomed the new SBA aimed to consolidate public finances, restore banking system soundness, and develop a more robust monetary policy framework. Directors stressed the need for implementing tax and expenditure policies, pension reforms to catalyze financing, and measures to strengthen the banking system. Directors advised that strict adherence to these policies will help deepen market access, facilitating exit from IMF financial support.
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Physical Description:1 online resource (99 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students