Ukraine is threatened by financial instability, - Rozhkova

18 December 2017, 16:17 | Economy
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According to her, the banking sector and credibility, as well as the ability of banking institutions to provide such services, continue to grow. However, there remain very high legal risks of losing their assets due to gaps in legislation, which worsens the overall economic environment. Ukraine urgently needs a tranche from the IMF, which is delayed for a number of reasons known to us.



We note that from January 1, 2018, the Ukrainian banking system is moving to the international financial reporting standard, which is done to standardize the provision of documentation in accordance with European standards. This will also motivate IMF representatives to accelerate the transfer of financial assistance to Ukraine.

As reported in "URA-Inform", before & nbsp the NBU extended the compulsory sale of 50 percent of foreign currency earnings.




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