Ukraine Policy Based Guarantee

The Multisector Development Policy Financing (DPF) intends to support Ukraine's highest priority reforms to move from economic stabilization to strong e r a n d s u s tained economic growth by addressing deeper structural bottlen ec ks an d go v er na nc e challenges in key areas. Possible policy areas incl ude : ( i ) s tr eng th eni ng pri vate sector competitiveness, including reform ing land m arke ts and the fin anc ials ector; (ii) promoting sustainable and effe ctive pu blic ser vice s, i nclud ing refor ming pensions, social assistan ce, a nd hea lth; and (iii ) imp rovin g gove rnan ce, in cluding reforming ant icorru ption i nstit ution s and tax a dminis tration . The financ ing for the DPF is expecte d to t ake th e form of a D PL or P olicy Ba sed Gu arantee (P BG). Th e Multise ctor De velopme nt Poli cy Finan cing (DP F) intend s to su p port Ukra ine'shighe st prior ity refo rms to m ove from economic stabilizat ion to s tron ger and sus tained ec onomic gr owth by a ddressing deeper s tructur al b ottlen eck s and go vernance c hallenges in key are as. Possi ble policy a reas inclu de: (i) st re ngthening p rivate sec tor competi tiveness, i ncluding re forming land markets and the fin ancialsecto r; (ii) prom oting sustai nab le and ef fe ctive publi c services, inc luding refor ming pensions , social ass i stance, and h ealth; and (ii i) improvi ng governanc e, including r eforming antic orrupti on inst itutio ns and ta x adm inistrat ion. The financing f or t he DPF is e xpe cted to take t he form of a D P L or Policy B ased Guarantee ( PBG). The Multi sector Developm e nt Policy Finan ci ng (DPF) in tends to supp ort Ukraine'shigh est priority refo rms to move from e cono mic stabil ization t o strong er and su stained economic g rowth b y addressin g deeper struct ural bottlenecks a nd go vernance cha llenge s in key are as. Po ssible policy ar e as include: (i) st r engthening privat e sector competitiv ene ss, including ref o rming land markets and the financialse ctor; (ii) promoting sustainable an d ef fec tive public s erv ices, including r efo rming pensions, so cia l assist ance, an d healt h; and (iii) improving gover nance, including refor ming a nt icorruption institutio n s and tax administrati on. The f inancing for t he DPF is expected t o take th e for m of a DPL or Poli cy Based Gua rantee (PBG) . T he Multi sector De velopm ent Policy Finan cing (DP F) intends to su pport Ukr a ine'shighest pr iority re forms to move from e conom ic stabilization to strong e r and sustained eco nomi c growth by addressing d ee per structural bottlene c ks and governance challeng e s in key areas. Possible policy areas include: (i ) strengthening private sec t o r competitiveness, inclu ding reforming land ma rket s and the financialsec tor; (ii ) promoting sustain abl e and effective p ublic s ervi ces, including r eformin g pensi ons, social as sistan ce, and heal th; and (i ii) imp roving gove rnance, in cluding re forming a nticorrup tion in stitutions an d tax admi nistra tion. The fin ancing for th e DP F is expecte d to take the form of a DPL or Po licy Based Guara ntee (PBG). The Multisector De velopment Policy Financing (D PF ) intends to sup port Ukraine's highest pri ority r eforms to move from econo mic sta bilization to stronger and sustained economic g rowth by addr essing dee per struct ural bottlen ecks and go vernance challenges in key areas. Possible p olicy areas include: (i) strengthen ing pr ivate sector comp etitivenes s, inclu ding reforming l and market s and the fin ancialsector; (ii) pro moting s ustain able and effective pu blic ser vices, inc luding reforming pensions, socia l ass istance, and health; and (iii) i mprov i ng governance, including reform ing anti corruption institutions and tax ad mini stration. The financing for the DP F is expected to take the form of a DPL o r P olicy Based Guarantee (PBG). The Mu lt isector Development Policy Financing ( DP F) intends to support Ukraine'shighes t priority reforms to move from econo mic stabilization to stronger and sustain ed economic growth by addressing dee per s t ructural bottlenecks and governance c hall enges in key areas. Possibl e polic y a reas include: (i) strengthening priv ate se ctor competitiveness, in cluding refor ming land markets and the fina ncial sector; (ii) promoting sustai nable and effect ive public services, includ ing ref orming pe nsions, social a ssistance, and healt h; and (iii) improving go vernance , including reforming a nticorruptio n instituti ons and tax administra tion. The financing for the DPF is expected t o take the f orm of a DPL or Poli cy Based Gu arantee (PBG). The Multisector Dev elopment Polic y Financing (DPF) intends to s upport Ukraine's highest priority r eforms to move f rom economic s tabilization to stronger and sustained economic growth by addressi ng deeper st ructural bottlen ecks and go vernance challenges i n key areas. Possib le policy areas include: (i ) streng thening private sector competitiveness, inclu ding re forming land market s and the financialsector; (ii ) promoting sustainable and e ffective public servi ces , including reforming pens ions, social assistance, and health; and (iii) impr oving governance, including reforming anticorruption i n stitutions and tax admi n istration. The financing fo r the DPF is expected to ta k e the form of a DPL or P olicy Based Guarantee (PBG ). The Multisector Develo pment Policy Financin g (DPF) intends to support Ukrai ne'shighest priority refo rms to move from eco nomic stab ilization to stronger an d sustained economic gro wth by addressing d eeper structu ral bottlenecks and gov ernance challenges in k ey areas. Possibl e policy areas i nclude: (i) strengthen ing private sector com petitiveness, inc luding reforming la nd markets and the fi nancialsector; (ii) p romoting sustain able and effective pub lic services, includ ing reforming pensio ns, social assi stance, and health; and ( iii) improving gove rnance, including r eforming antic orruption institutions and t ax administration. The financing for the DPF is e xpected to take the form of a D PL or Policy Base d Guarantee (PBG) . The Multi sector Development Policy Financing (DPF) intends t o support Ukrain e'shighest priority reforms to move from economic stabilization to stronger and sustained e conomic growth by addressing deeper structural bottle necks and gover nance chal lenges in key areas. Possible policy areas include: (i ) strengthenin g private sector competitiveness, including reforming land markets and the fina ncialsec tor; (ii) promoting sustainable and effective public servic es, includin g refor ming pensions, social assistance, and health; and (iii) impro ving govern ance, including reforming anticorruption institutions and tax adminis tration. T he fi nancing for the DPF is expected to take the form of a DPL or Poli cy Based Guara ntee (PBG). The Multisector Development Policy Financing (DPF) intends to suppo rt Ukraine'shighest priority reforms to move from economic stabilization to str onger and sustained economic growth by addressing deeper structural bottlene cks and governance challenges in key areas. Possible policy areas include: (i) str engthening private sector competitiveness, including reforming land markets a nd the financialsector; (ii) promoting sustainable and effective public services , including reforming pensions, social assistance, and health; and (iii) improvi ng governance, including reforming anticorruption institutions and tax administr ation. The financing for the DPF is expected to take the form of a DPL or Polic y Based Guarantee (PBG). The Multisector Development Policy Financing (DPF) in tends to support Ukraine'shighest priority reforms to move from economic stabili zation to stronger and sustained economic growth by addressing deeper struc