Ukraine: Staff Report for the 2012 Article IV Consultation

November 27, 2012

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Ukraine: Staff Report for the 2012 Article IV Consultation, (USA: International Monetary Fund, 2012) accessed November 27, 2024

Summary

Following the 2008/9 financial crisis and deep recession, a cyclical recovery took hold in Ukraine, supported by a stronger external environment. Efforts to consolidate public finances and repair the banking system began strengthening Ukraine’s resilience to external shocks. More recently, policies have not been sufficient to meet key objectives, and the government has hesitated to undertake politically unpopular reforms. The external environment has become less supportive, and the recovery is losing momentum.

Subject: Banking, Currencies, Exchange rates, External debt, Foreign exchange, Government debt management, Money, Public debt, Public financial management (PFM)

Keywords: CR, Currencies, Deficit, Deficit target, Eastern Europe, Exchange rates, Global, Government, Government debt management, Government deficit improvement, ISCR, Monetary policy, Public finance, U.S. dollar, Ukraine

Publication Details

Pages:

96
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/315
Stock No:

1UKREA2012001
ISBN:

9781475591347
ISSN:

1934-7685

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