Financial sector news

Negotiations with the IMF: Ukraine's priorities

The NBU, the Ministry of Finance, and the IMF mission are agreeing on the key areas of the future extended financing program, including the reforms necessary for European integration and ensuring macroeconomic stability.

According to Andriy Pyshnyy, Governor of the National Bank of Ukraine, the Ukrainian side insists that the new program reflect priorities that will facilitate the implementation of European integration reforms.

"We advocate that the new program reflect tasks that will enable the implementation of reforms within the framework of European integration. This is an important priority for us," Pyshnyy emphasized.

He also noted that during the negotiations, considerable attention will be paid to issues of further ensuring macroeconomic stability and implementing structural reforms in conditions of high uncertainty.
A separate area of focus will be the formation of a sustainable financing model for 2026–2027. Pyshny emphasized that it is important to ensure the regularity and sufficiency of resources through internal mobilization, including the de-shadowing of the economy, as well as through the support of international partners.

“An important topic of discussion is achieving regular and sufficient financing for 2026–2027 through the mobilization of domestic resources, in particular through the de-shadowing of the economy, and further support from international partners. The focus is on the volume and sources of financing,” he said.

The head of the NBU added that the NBU is ready for substantive discussions on macroeconomic indicators, interest rate and exchange rate policy, as well as the continuation of reforms in the financial sector.

“We also look forward to a detailed discussion of issues related to the development of financial market infrastructure, currency liberalization, war risk insurance, and other issues,” the head of the regulator emphasized.

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The mission of the Association of Ukrainian Banks is to support the development of the national banking system. The AUB cooperates with the Verkhovna Rada of Ukraine on improving the legislation governing banking activities, and interacts with the National Bank of Ukraine on regulatory support for the functioning of banks and non-bank financial institutions. The CBA takes care of the professional development of bank employees, expands international relations with associations and banking institutions of other countries.

 

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