07654oam 22016334 450 991081805160332120240405012202.01-4983-6460-81-4983-9338-11-4983-3299-4(CKB)2550000001341516(EBL)1760068(SSID)ssj0001399018(PQKBManifestationID)11799577(PQKBTitleCode)TC0001399018(PQKBWorkID)11450040(PQKB)10595491(MiAaPQ)EBC1760068(Au-PeEL)EBL1760068(CaPaEBR)ebr10904700(CaONFJC)MIL634061(OCoLC)886114916(IMF)1UKREE2014002(IMF)1UKREA2014002(EXLCZ)99255000000134151620020129d2014 uf 0engur|n|---|||||txtccrUkraine : Staff Report for the 2013 Article IV Consultation and First Post-Program Monitoring1st ed.Washington, D.C. :International Monetary Fund,2014.1 online resource (134 p.)IMF Staff Country ReportsDescription based upon print version of record.1-4983-5102-6 1-322-02810-9 Includes bibliographical references.Cover; CONTENTS; CONTEXT; RECENT DEVELOPMENTS; EXTERNAL STABILITY ASSESSMENT; BOXES; 1. Stand-By Arrangements in 2008-12; OUTLOOK AND RISKS; REPORT ON DISCUSSIONS; A. The Policy Mix and Medium-Term Outlook; 2. 2012 Article IV Consultation: Key Recommendations and Actions Taken; B. Moving Towards a Sustainable Exchange Rate Regime and Monetary Framework; C. Maintaining Financial Stability; D. Launching Fiscal Consolidation to Support the Adjustment; E. Reducing Quasi-Fiscal Losses and Raising Growth with Energy Sector Reforms; F. Boosting Sustainable Growth; CAPACITY TO REPAY THE FUNDSTAFF APPRAISALFIGURES; 1. Performance Among Peers, 2000-12; 2. Real Sector Indicators, 2009-13; 3. Inflation, Monetary, and Exchange Rate Developments, 2009-13; 4. External Sector Developments, 2008-13; 5. Debt and Rollover of Debt, 2008-13; 6. Financial Sector Indicators, 2009-13; 7. Structural Reforms; 8. Baseline and Adjustment Scenarios, 2011-18; TABLES; 1. Baseline Selected Economic and Social Indicators, 2009-18; 2. Baseline General Government Finances, 2010-18; 3. Baseline Balance of Payments, 2010-18; 4. Baseline Gross External Financing Requirements, 2010-185. Baseline Monetary Accounts, 2010-186. Financial Soundness Indicators for the Banking Sector, 2009-13; 7. Adjustment Scenario: Selected Economic and Social Indicators, 2012-18; 8. Baseline General Government Finances, GFSM 2001 Presentation, 2010-18; 9. Indicators of Fund Credit, 2009-18; ANNEXES; I. Competitiveness, Exchange Rate Assessment, and Reserve Adequacy; II. Risk Assessment Matrix; III. Public and External Debt Sustainability Analysis; IV. The Role of Devaluation Expectations in Determining the Spread Between Local and Foreign Currency Interest Rates in UkraineV. Enhancing the Operational Monetary Policy FrameworkVI. Determinants of Sovereign Borrowing Costs from International Markets; VII. Government Expenditures-Options for Fiscal Consolidation; VIII. Reforming Energy Subsidies in Ukraine; IX. Boosting Potential Growth in Ukraine Through Structural Reforms; CONTENTS; FUND RELATIONS; RELATIONS WITH THE WORLD BANK; RELATIONS WITH THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT; STATISTICAL ISSUESThis paper discusses Ukraine’s 2013 Article IV Consultation and First Post-Program Monitoring. The Ukrainian economy has been in recession since mid-2012, and the outlook remains challenging. In January–September 2013, GDP contracted by 1¼ percent year-over-year, reflecting lower demand for Ukrainian exports and falling investments. Consumer prices stayed flat, held down by decreasing food prices and tight monetary policy. The fiscal stance loosened in 2012–2013, contributing to the buildup of vulnerabilities. Ukraine remains current on all its payments to the IMF, and the authorities have reaffirmed their commitment to repay all outstanding IMF credit.IMF Staff Country Reports; Country Report ;No. 2014/145CompetitionUkraineBanks and BankingimfFinance: GeneralimfForeign ExchangeimfMoney and Monetary PolicyimfPublic FinanceimfMacroeconomicsimfExports and ImportsimfIndustries: Financial ServicesimfIndustries: EnergyimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfDebtimfDebt ManagementimfSovereign DebtimfMonetary PolicyimfFiscal PolicyimfInternational Lending and Debt ProblemsimfEnergy and the MacroeconomyimfBankingimfCurrencyimfForeign exchangeimfPublic finance & taxationimfMonetary economicsimfInternational economicsimfFinanceimfGovernment debt managementimfExchange ratesimfPublic debtimfExternal debtimfLoansimfFinancial institutionsimfEnergy sectorimfEconomic sectorsimfBanks and bankingimfDebts, PublicimfMonetary policyimfFiscal policyimfDebts, ExternalimfEnergy industriesimfUkraineEconomic conditionsUkraineEconomic policyUkraineimfCompetitionBanks and BankingFinance: GeneralForeign ExchangeMoney and Monetary PolicyPublic FinanceMacroeconomicsExports and ImportsIndustries: Financial ServicesIndustries: EnergyBanksDepository InstitutionsMicro Finance InstitutionsMortgagesDebtDebt ManagementSovereign DebtMonetary PolicyFiscal PolicyInternational Lending and Debt ProblemsEnergy and the MacroeconomyBankingCurrencyForeign exchangePublic finance & taxationMonetary economicsInternational economicsFinanceGovernment debt managementExchange ratesPublic debtExternal debtLoansFinancial institutionsEnergy sectorEconomic sectorsBanks and bankingDebts, PublicMonetary policyFiscal policyDebts, ExternalEnergy industries338.94771DcWaIMFBOOK9910818051603321Ukraine1324581UNINA