Ukraine : first review under the stand-by arrangement, requests for extension and rephasing of access of the arrangement, waivers of nonobservance of a performance criterion, financing assurances review, and monetary policy consultation : press release; staff report; and statement by the Executive Director for Ukraine
International Monetary Fund
After a number of critical setbacks and delays in the 16 months since program approval, the authorities have taken important corrective actions to address shocks to program objectives. Early tension around the authorities' commitment to uphold the independence of the National Bank of Ukraine required a pause to assess policy continuity and to determine possible corrective actions. A prior action for this review and new commitments by the authorities provide a way forward in protecting a key policy pillar under the program. Similarly, adverse Constitutional Court rulings challenged the anticorruption framework in fundamental ways that required restoring its effectiveness before the review could proceed. In a push to make progress on delayed structural benchmarks, the authorities have recently met seven of the nine structural benchmarks set at the time of the program request
Year of publication: |
November 2021
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Institutions: | Internationaler Währungsfonds (issuing body) |
Publisher: |
Washington, D.C. : International Monetary Fund |
Subject: | policy continuity | state support | monetary policy consultation | real GDP | key rate | IMF's transparency policy | management team | Inflation | Corporate governance | Loans | Global | Geldpolitik | Monetary policy | Ukraine | IWF-Kredit | IMF lending | Schuldenmanagement | Debt management |
Saved in:
freely available
Extent: | 1 Online-Ressource (circa 137 Seiten) Illustrationen |
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Series: | IMF country report. - Washington, DC : IMF, ZDB-ID 2390611-X. - Vol. no. 21, 250 |
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Graue Literatur ; Non-commercial literature |
Language: | English |
ISBN: | 978-1-61635-527-2 |
Other identifiers: | 10.5089/9781616355272.002 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012697030
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