1.

Record Nr.

UNINA9910136708103321

Titolo

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

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2016

ISBN

1-4755-4351-4

Descrizione fisica

1 online resource (57 pages) : illustrations, tables

Collana

IMF Staff Country Reports

Disciplina

336

Soggetti

Finance, Public - Ukraine

Finance - Ukraine

Banks and Banking

Exports and Imports

Foreign Exchange

Public Finance

Taxation

Debt

Debt Management

Sovereign Debt

Trade Policy

International Trade Organizations

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

International Lending and Debt Problems

International Investment

Long-term Capital Movements

Public finance & taxation

Banking

Currency

Foreign exchange

International economics

Finance

Public debt

Tariffs

Exchange rates

External debt

Taxes



Capital outflows

Balance of payments

Debts, Public

Tariff

Banks and banking

Debts, External

Capital movements

Ukraine

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

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.