Ukraine is wary of the impending fate of withdrawing external funding for the “body” of Russia’s damaged assets.
As reported by Ukrinform, the head of the National Bank of Ukraine Andriy Pishny, having contacted another permanent protector of the State Secretary of the Great Britain Agency for International Development (FCDO) on Facebook. Nick Dyer and the Ambassador of Great Britain to Ukraine Martin Harris.
“We discussed the issues that are important for the stability of the financial sector of Ukraine and the renewal of the economy on the horizon of the nearest future. International support is one of the key ones,” Pishny said.
Meanwhile, the winemakers have called, close, and come to ensure price stability; stability of the banking sector; dzherela to cover the budget deficit, including access to unharmed Russian assets.
The NBU officer guessed that in 2023 – 2024 there will be constant robots on the domestic trade market and the support of partners, Ukraine could eliminate the emission financing of the budget deficit, and so loses “our unalterable priority.”
“We will now develop a discussion about giving Ukraine access to the damaged assets of the Russian Federation. Such a solution will be fair for compensating for the surplus of our country. Likely before the operational assessment of RDNA-4, let’s start By 2025, Ukraine’s surplus will amount to 176 billion US dollars, and its total renewal will amount to 524 billion US dollars. “body” of assets of the Russian Federation”, – after voicing Pishny.
During the course of the crisis, the stability of the banking system was also destroyed.
“We have no surprises. The banking system is in good shape,” said the regulator’s official, relying on stress testing of banks for the basic and negative scenarios.
As for the prospects for the privatization of sovereign banks, then, in order to turn the heads of the NBU, it is necessary to discuss them in the context of the Strategy of the sovereign banking sector, which will require updating.
“Ukraine has recently praised the new legislator (base – ed.) for the privatization of state-owned banks, which will begin the process of selecting a number of employees,” Pishny added.
In my opinion, it is important to ensure clarity in the process and to avoid “the best possible means of obtaining foreign investors from the national banking sector as soon as possible.”
As reported, the G7 Extraordinary Revenue Acceleration (ERA) initiative of Ukraine is transferring directly to Ukraine 50 billion dollars, of which 20 billion dollars. Nadat European Union.
At the beginning of 2024, Ukraine signed an agreement with the EU on the creation of the Credit Compliance Mechanism for Ukraine (ULCM), which will allow the use of income from frozen assets of the Russian Federation to repay positions worth up to 45 billion euros between G7 initiative (ERA).
Between the ERA mechanism in the chest of the past fate of Ukraine, there is a hope of 1 billion dollars. from the Received States.
Today, the European Union has transferred the first 3 billion euros from the power part of the loan to Ukraine.
The first 752 million pounds sterling from the G7 ERA initiative went to Great Britain.
Photo: Andriy Pishny/Facebook