The IMF stressed the importance of ensuring the independence of the NBU

The IMF stressed the importance of ensuring the independence of the NBU
16:57 Today the Telegraph UKRINFORM Photo: Telegraph Business news: the IMF says that the independence of the NBU is the key to macroeconomic stability in the country

The International monetary Fund believes that ensuring the independence of the NBU is the key to macroeconomic stability in Ukraine.

This was stated by the permanent representative of the International monetary Fund in Ukraine Jost Lungman during the panel discussion “Provisions for the development of the economy and financial system”, the press service of the NBU.

“Addressing macroeconomic imbalances in recent years has helped to stabilize the economy. It is important to maintain it through continuous balanced economic policy. Sustainable development requires increased investment. Improving the business environment, in particular by combating corruption, will help in this . The transformation of NBU into a respected, modern, independent Central Bank with a strong management structure is an important step for Ukraine. Ensuring the independence of the NBU is the key to macroeconomic stability”,- said Longman.

He also stressed that Ukraine should make progress in privatization, reform of tax administration, financial sector reforms, judicial reforms and energy sector reforms. Reform of the land market is also long overdue.

We will remind, the national Bank of Ukraine put into circulation coins with denominations of 5 and 10 hryvnias.

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