The head of the NBU told when Ukraine will move away from the practice of financing the state budget

04 May 2022, 19:46 | Economy
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The head of the NBU, Kirill Shevchenko, noted that the authorities will abandon the practice of financing the state budget when the risks of unbalancing the situation in the fiscal sector are minimized. He said this in a comment to the editor of the ZN economics department.. UA Yulia Samaeva.



“The National Bank will only finance critical government spending in limited amounts and only through the purchase of government securities in the primary market. We will also maintain maximum transparency in our coverage of such transactions.. I can assure you that as soon as the risks of unbalancing the situation in the fiscal sector are minimized, we will move away from the practice of financing the state budget,” Shevchenko said..

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