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Economy 2019-02-15T05:18:27+02:00
Ukrainian news
NBU To Boost International Reserves To USD 18.4 Billion After Yanukovych's Money Recovery

NBU To Boost International Reserves To USD 18.4 Billion After Yanukovych's Money Recovery

President Petro Poroshenko forecasts increase of the international reserves of the National Bank of Ukraine to USD 18.4 billion after recovery of the assets stolen by former president Viktor Yanukovych.

Press service of the Presidential Administration has said this in a statement, Ukrainian News Agency reports.

According to the report, President Petro Poroshenko held a meeting with Minister of Finance Oleksandr Danyliuk and Chairperson of the NBU Valeriya Hontareva.

President stressed that today USD 1.1 billion was credited into the accounts of the Treasury Department in accordance with court's decision.

Minister of Finance Oleksandr Danyliuk said that on top of that USD 1.1 billion that had already been received in the Treasury Department, another USD 199 million should be expected that will be channeled to repay the public debt.

NBU's Chairperson Valeriya Hontareva also positively assessed the USD 1.1-billion-increase in the national reserves, saying this is important for macroeconomic stability of the country.

As Ukrainian News Agency earlier reported, as of early April, the NBU increased its international reserves to USD 16.7 billion after receiving installments of credit funds from the International Monetary Fund and the European Commission.


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