The National Bank of Ukraine (NBU) has timely fulfilled structural benchmarks under the Extended Fund Facility (EFF) Arrangement with the International Monetary Fund (IMF).
The relevant statement was made by NBU Governor Andriy Pyshnyy on Facebook, an Ukrinform correspondent reports.
“The first [benchmark] concerns a set of measures to create a framework program for the financial recovery of banks in cooperation with the Ukrainian Deposit Guarantee Fund and the Finance Ministry. The second is the development of a methodology for supervisory risk assessment to determine the priorities of supervisory activities. Based on this methodology, we have made an appropriate supervisory action plan for banks for 2025,” Pyshnyy noted.
In his words, another benchmark is in progress, with a deadline in May 2025.
As emphasized by Pyshnyy, the NBU has a set of tools and measures, namely to reverse inflation and maintain the stability of the foreign exchange market, and is ready to discuss them at the expert level with the IMF.
“During the mission, we are also planning to cover the issues of capital market infrastructure development, strategic mortgage market development, and virtual asset regulation,” Pyshnyy added.
A reminder that, following the seventh review of the Extended Fund Facility (EFF) Arrangement with the International Monetary Fund (IMF), Ukraine’s budget may receive USD 917.5 million. The IMF team began its work in Ukraine on February 20, 2025.
Photo: Andriy Pyshnyy, Facebook
Source: NBU timely fulfils structural benchmarks under IMF program – Pyshnyy
