EBA General Meeting with the Deputy Head of National Bank of Ukraine in Dnipro

15/ 06/ 2017

During the presentation, Oleh Churii spoke about the main principles of the NBU policy formation, current state of the countrys economy and macro forecasts of the NBU. Mr. Churii also noted that one should expect growth in the economy and the liberalization of the currency market, despite the cessation of trade with the uncontrolled territories. International reserves will increase, as the deficit will be covered by receipts on financial accounts. It was informed that the peak of the crisis has already passed, and more tangible actions for business and the market of funds can be expected. However, cooperation with the International Monetary Fund is very important. After all, it is his support that will survive the mandatory payments for loans this year. According to forecasts of the National Bank, inflation will stay within the range of 8-10% in 2017 and 5-6% from 2018 and in the future. After the presentation and the question and answer session, the participants had the opportunity to chat with Mr. Churii tet-a-tet.

During the presentation, Oleh Churii spoke about the main principles of the NBU policy formation, current state of the country’s economy and macro forecasts of the NBU.

Mr. Churii also noted that one should expect growth in the economy and the liberalization of the currency market, despite the cessation of trade with the uncontrolled territories. International reserves will increase, as the deficit will be covered by receipts on financial accounts.

It was informed that the peak of the crisis has already passed, and more tangible actions for business and the market of funds can be expected. However, cooperation with the International Monetary Fund is very important. After all, it is his support that will survive the mandatory payments for loans this year. According to forecasts of the National Bank, inflation will stay within the range of 8-10% in 2017 and 5-6% from 2018 and in the future.

After the presentation and the question and answer session, the participants had the opportunity to chat with Mr. Churii tet-a-tet.