The National Bank of Ukraine has improved the forecast of the growth of international reserves from USD 41.2 billion to USD 43.6 billion based on the results of 2024.
This is stated in the message of the NBU, the Ukrainian News agency reports.
International support for Ukraine will remain essential.
Taking into account the expected revenues, the NBU improved the assumptions regarding external financial assistance for 2024-2026.
The total amount of international financing is expected to reach USD 41.5 billion this year, and USD 38.4 billion next year.
Preservation of external support together with sufficient volumes of domestic market engagements will enable the government to continue to cover the significant budget deficit without resorting to emission financing.
For its part, the NBU will be able to maintain the appropriate level of international reserves to preserve the stability of the foreign exchange market.
Their forecast volumes were revised upward compared to July estimates - to USD 43.6 billion and USD 41.0 billion by the end of 2024 and 2025, respectively.
As the Ukrainian News agency earlier reported, in July of this year, the National Bank worsened the forecast for the growth of international reserves from USD 43.4 billion to USD 41.2 billion in 2024.
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