The IMF signaled yesterday that it is watching the government’s efforts to purge the last two Board Members of the Central Bank from the 2015-2016 bank clean up era

Friday, October 9, 2020
The IMF signaled yesterday that it is watching the government’s efforts to purge the last two Board Members of the Central Bank from the 2015-2016 bank clean up era

The IMF signaled yesterday that it is watching the government’s efforts to purge the last two Board Members of the Central Bank from the 2015-2016 bank clean up era. “The framework has served the National Bank of Ukraine – and the Ukrainian economy – well by strengthening the confidence in the NBU as an independent and professional central bank,” Goesta Ljungman, resident representative of the Fund, said in a press statement.

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Almost four years after nationalization, PrivatBank is Ukraine’s most profitable bank, recording $65 million in profits through August

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With Kyiv city recording 500 new Covid-19 infections a day, the city moves today to the stricter “orange” quarantine level and adds new hospital beds.

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