NBU does an excellent job – IMF
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The National Bank of Ukraine does an excellent job and performs its tasks in accordance with the law, and the banking sector is reported to be in good shape, ukrinform.net reports.
“By all criteria, the National Bank is doing an excellent job and performing its tasks effectively, as defined in the Constitution and the law on the NBU. Currently, inflation rate is low, international reserves are large, and the banking sector is in good shape,” IMF Resident Representative in Ukraine Goesta Ljungman said in an interview with the Liga media outlet.
He noted that this created preconditions for sustainable economic growth as investors want to be sure of macroeconomic stability before making long-term investments.
“At the same time, investors must also be confident about the protection of their property rights, effective and equal treatment of business on the part of the authorities, and the work of fair and uncorrupted courts,” the IMF Resident Representative in Ukraine said.
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