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NBU may double money printing to in 2022 to cover budget deficit
Journal Staff Report

KYIV, Aug 17 Under certain conditions, the National Bank of Ukraine (NBU) can cover the state budget deficit of up to UAH 60 billion with emission financing, Deputy Head of the President's Office Rostyslav Shurma has said, while the National Bank declares the upper ceiling of UAH 30 billion per month.

"According to calculations, we understand that with a balance of export-import operations, resolving the issue of paying the state debt and significant support from international partners, this amount can easily range from UAH 30 to UAH 60 billion per month. This is a range that does not create problems," Shurma said in an interview with the Ukrainian edition of Forbes published on Tuesday.




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Currencies (in hryvnias)
  27.09.2022 prev
USD 36.57 36.57
RUR 0.631 0.631
EUR 37.27 37.27

Stock Market
  26.09.2022 prev
PFTS 519.2 519.2
source: PFTS

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