Ukraine : (Record no. 127823)

000 -LEADER
fixed length control field 06658nam a22004573i 4500
001 - CONTROL NUMBER
control field EBC1881858
003 - CONTROL NUMBER IDENTIFIER
control field MiAaPQ
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20181121174655.0
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS--GENERAL INFORMATION
fixed length control field m o d |
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION
fixed length control field cr cnu||||||||
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 181113s2014 xx o ||||0 eng d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781498319737
-- (electronic bk.)
035 ## - SYSTEM CONTROL NUMBER
System control number (MiAaPQ)EBC1881858
035 ## - SYSTEM CONTROL NUMBER
System control number (Au-PeEL)EBL1881858
035 ## - SYSTEM CONTROL NUMBER
System control number (CaPaEBR)ebr10993987
035 ## - SYSTEM CONTROL NUMBER
System control number (CaONFJC)MIL671665
035 ## - SYSTEM CONTROL NUMBER
System control number (OCoLC)898102704
040 ## - CATALOGING SOURCE
Original cataloging agency MiAaPQ
Language of cataloging eng
Description conventions rda
-- pn
Transcribing agency MiAaPQ
Modifying agency MiAaPQ
050 #4 - LIBRARY OF CONGRESS CALL NUMBER
Classification number HG3881.5.I58 -- .I5842 2014eb
082 0# - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 332.152
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Dept., International Monetary Fund. European.
245 10 - TITLE STATEMENT
Title Ukraine :
Remainder of title First Review Under the Stand-By Arrangement, Requests for Waivers of Nonobservance and Applicability of Performance Criteria, and a Request for Rephasing of the Arrangement; staff Statement; Press Release; and Statement by the Executive Direct...
264 #1 - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc :
Name of publisher, distributor, etc International Monetary Fund,
Date of publication, distribution, etc 2014.
264 #4 - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Date of publication, distribution, etc ©2014.
300 ## - PHYSICAL DESCRIPTION
Extent 1 online resource (112 pages)
336 ## - CONTENT TYPE
Content type term text
Content type code txt
Source rdacontent
337 ## - MEDIA TYPE
Media type term computer
Media type code c
Source rdamedia
338 ## - CARRIER TYPE
Carrier type term online resource
Carrier type code cr
Source rdacarrier
490 1# - SERIES STATEMENT
Series statement IMF Staff Country Reports ;
Volume number/sequential designation v.Country Report No. 14/263
505 0# - FORMATTED CONTENTS NOTE
Formatted contents note Cover -- CONTENTS -- CONTEXT -- RECENT ECONOMIC DEVELOPMENTS -- MACROECONOMIC FRAMEWORK AND RISKS -- MONETARY AND EXCHANGE RATE POLICY -- A. Recent Developments -- B. Policy Discussions -- FINANCIAL SECTOR POLICY -- A. Recent Financial Developments -- B. Policy Discussions -- FISCAL POLICY -- A. Recent Developments -- B. Policy Discussions -- ENERGY POLICY -- A. Recent Developments -- B. Policy Discussions -- GOVERNANCE AND TRANSPARENCY -- A. Background -- B. Policy Discussions -- PROGRAM FINANCING AND MODALITIES -- RISKS TO THE PROGRAM -- STAFF APPRAISAL -- BOXES -- 1. The Economic Impact of the Conflict in the East -- 2. Illustrative Adverse Scenario -- FIGURES -- 1. Real Sector Indicators, 2011-14 -- 2. Inflation, Monetary, and Exchange Rate Developments, 2011-14 -- 3. External Sector Developments, 2011-14 -- 4. Debt and Rollover of Debt, 2011-16 -- 5. Banking Sector Deposits and Credit, 2014 -- 6. Financial Sector Indicators, 2011-14 -- TABLES -- 1. Program Scenario - Selected Economic and Social Indicators, 2013-16 -- 2. Program Scenario - General Government Finances, 2014-16 -- 3. Program Scenario - Balance of Payments, 2013-16 -- 4. Program Scenario - Gross External Financing Requirements, 2013-16 -- 5. Program Scenario - Monetary Accounts, 2013-16 -- 6. Financial Soundness Indicators for the Banking Sector, 2009-14 -- 7. Indicators of Fund Credit, 2013-19 -- 8. Access and Phasing Under the Stand-By Arrangement -- ANNEX -- Public Debt Sustainability Analysis -- APPENDIX -- Letter of Intent -- ATTACHMENTS -- I. Memorandum of Economic and Financial Policies -- II. Technical Memorandum of Understanding.
520 ## - SUMMARY, ETC.
Summary, etc EXECUTIVE SUMMARYThe first review discussions took place in a context of heightened geopolitical tensions and deepening economic crisis. Intensification of the conflict in the East and escalation of the gas dispute with Gazprom, two of the key risks identified at the time of the program request, have materialized. These developments have affected confidence, balance of payment flows, economic activity, and budget execution. The banking sector has had to cope with larger-than-anticipated deposit outflows, and the exchange rate has depreciated more than expected at the time of the program request.The authorities have implemented policies broadly as agreed, but significant pressures have emerged. All but one performance criteria for end-May were met and all structural benchmarks have been implemented, albeit some with a delay. However, the deterioration in the economic outlook, fiscal and quasi-fiscal pressures, and heightened balance of payment difficulties are putting the initial program targets in jeopardy. Two end-July PCs are estimated to have been missed; and the end-2014 targets are out of reach. All continuous PCs were met.Discussions focused on the appropriate policy response to these short-term pressures and on reforms to support sustained growth. There was agreement that the policy effort should focus on compensatory measures to meet key program objectives, while allowing some temporary deviations from the initial targets. In particular, the NBU will limit the decline in reserves through market purchases; the government will take additional fiscal measures to keep public finances sustainable; and Naftogaz will strengthen current and past gas bills collection. Discussions also focused on reforms aimed at modernizing the monetary policy framework, preserving financial stability, addressing governance issues and improving the business
520 8# - SUMMARY, ETC.
Summary, etc climate.Nonetheless, risks loom large. The program hinges crucially on the assumption that the conflict will begin to subside in the coming months. Should active fighting continue well beyond that, the small buffers under the revised baseline would be quickly exhausted, requiring a new strategy, including additional external financing. A further heightening of geopolitical tensions could also have significant economic consequences. Domestically, policymaking may become more difficult in case of early elections. Strong policy performance and adherence to the planned reforms is therefore critical.Staff supports the authorities' request for completion of the first review and the waivers for nonobservance and applicability of performance criteria. The purchase released upon completion of the review would be in the amount of SDR 0.914 billion, ofwhich SDR 0.650 billion will be used to finance the budget deficit.
588 ## - SOURCE OF DESCRIPTION NOTE
Source of description note Description based on publisher supplied metadata and other sources.
590 ## - LOCAL NOTE (RLIN)
Local note Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2018. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Financial crises -- Ukraine.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element International Monetary Fund -- Ukraine.
655 #4 - INDEX TERM--GENRE/FORM
Genre/form data or focus term Electronic books.
776 08 - ADDITIONAL PHYSICAL FORM ENTRY
Display text Print version:
Main entry heading Dept., International Monetary Fund. European
Title Ukraine : First Review Under the Stand-By Arrangement, Requests for Waivers of Nonobservance and Applicability of Performance Criteria, and a Request for Rephasing of the Arrangement; staff Statement; Press Release; and Statement by the Executive Direct...
Place, publisher, and date of publication : International Monetary Fund,c2014
797 2# - LOCAL ADDED ENTRY--CORPORATE NAME (RLIN)
Corporate name or jurisdiction name as entry element ProQuest (Firm)
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE
Uniform title IMF Staff Country Reports
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://ebookcentral.proquest.com/lib/buse-ebooks/detail.action?docID=1881858">https://ebookcentral.proquest.com/lib/buse-ebooks/detail.action?docID=1881858</a>
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