The government of our country expects revenues this month from the EU (4.5 billion euros), Canada ($1.5 billion), the World Bank ($1.5 billion) and the IMF (0.9 billion dollars), and in April – 1.5 billion euros promised by Brussels, which will ultimately amount to 10 billion dollars.
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About the fact that the main part of the above financial support, expected over the next two months, will be used to cover the needs of the state budget, and only partially will be sold on the domestic market, writes NBN, citing a statement by the deputy head of the bank. regulator Sergei Nikolaychuk, voiced on the YouTube channel “National Bank of Ukraine”.
According to Nikolaychuk, all funds received will actually become the international reserve of the NBU, that is, they will not directly appear on the foreign exchange market. However, part of the currency can be used by the government to cover its expenses, that is, sold on the domestic market, which will affect the situation.
However, the deputy head of the NBU emphasized that the bank regulator intends not to allow ill-considered actions of the government and the Ministry of Finance, which will become a “shock injection of liquidity into the system,” as is traditionally recorded in December (“the release” of large volumes of foreign currency onto the domestic market of Ukraine).
Nikolaichuk summarized :
We don’t expect any additional shocks.
We previously wrote about that the NBU has revised the inflation forecast for 2024.