Monday, October 25, 2021

Two bills were signed on NBU independence

by Verkhovna Rada Chairman Ruslan Stefanchuk. The first Bill No. 5853. The Budget Code of Ukraine to clarify the information provided by the National Bank of Ukraine (NBU) for the preparation of the Budget Declaration. The list of information that the NBU must submit annually to the president, the Verkhovna Rada and the Cabinet of Ministers of Ukraine about the estimated forecast for the part of the profit before distribution, which is to be transferred to the state budget. The Second Bill No. 5852 the law of Ukraine ‘On Public procurement by the NBU of legal services to represent its interests in foreign authorities, as well as those related to the protection of its rights and interests during the settlement of disputes and the consideration in foreign jurisdictions of cases in which the NBU is a party.

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