Ukraine: Staff Report for the 2012 Article IV Consultation

International Monetary Fund

No 2012/315, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; government; deficit; government deficit improvement; monetary policy; Ukraine; deficit target; U.S. dollar; public finance; Government debt management; Currencies; Exchange rates; Global; Eastern Europe (search for similar items in EconPapers)
Pages: 96
Date: 2012-11-27
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