IMF Managing Director Kristalina Georgieva spoke by telephone yesterday with President Zelenkiy and warned him: “It is in the interest of Ukraine to preserve the independence of [the central bank] and it is also a requirement under the current IMF-supported program
Wednesday, July 15, 2020
IMF Managing Director Kristalina Georgieva spoke by telephone yesterday with President Zelenkiy and warned him: “It is in the interest of Ukraine to preserve the independence of [the central bank] and it is also a requirement under the current IMF-supported program.” In a statement posted last night Kyiv time, Kristalina Georgieva, said of the National Bank of Ukraine: “The reform of the NBU and its performance over the past five years is a clear success story for Ukraine…The successful clean-up of the financial sector – which was ravaged by fraud – is also credit to the supervisory work of the NBU.”