24 September 2017
Our Community

Stelmah sees additional inflation risks


Excessive monetarization of interior state loan creates additional inflation risks.

Chairman of the National Bank of Ukraine Volodymyr Stelmah said this in “interview to Zerkalo Nedely”.

“As of today the National Bank of Ukraine refrains from monetarization of capital issues of the government, because it really creates additional inflation risks”, he said.

According to words of V. Stelmah, the NBU recommends the government to use the state banks not only for crediting of “Naftogaz Ukrainy” NJSC, but also for financing of target state programs.

Moreover, V. Stelmah reminded that target loan lines of the World Bank, which are not mastered for some reason, are open for Ukraine today.

If you notice a spelling error, please highlight it with your mouse and press Ctrl+Enter
Read also

Do you like the new site?
Leave your opinion