Ukraine : Ex Post Evaluation of Exceptional Access Under the 2014 Stand-By Arrangement.

This paper discusses Ukraine's Ex Post Evaluation of Exceptional Access Under the 2014 Stand-By Arrangement (SBA) program. The SBA program faced substantial geopolitical risks from the outset, but rightly focused on immediate and medium-term objectives. Important steps were taken under the prog...

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Співавтор: International Monetary Fund. Finance Dept
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2016.
Серія:IMF Staff Country Reports; Country Report ; No. 2016/320
Онлайн доступ:Full text available on IMF
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Резюме:This paper discusses Ukraine's Ex Post Evaluation of Exceptional Access Under the 2014 Stand-By Arrangement (SBA) program. The SBA program faced substantial geopolitical risks from the outset, but rightly focused on immediate and medium-term objectives. Important steps were taken under the program. The authorities made effective strides early on, including in longstanding difficult areas, such as raising energy tariffs and largely maintaining a flexible exchange rate, albeit with occasional sizeable interventions. Banking sector diagnostics were conducted for the largest banks and a large number of them were resolved in an orderly manner. Naftogaz restructuring also began under the SBA, as did anticorruption and governance reform.
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Фізичний опис:1 online resource (56 pages)
Формат:Mode of access: Internet
ISSN:1934-7685
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