The Economy of Ukraine Is Stable

by Olha Povaliaieva
Friday, February 18, 2022
The Economy of Ukraine Is Stable

The reserves of the National Bank of Ukraine are sufficient to maintain the stability of the hryvnia

At the next meeting of the Hour of questions to the government, the PM of Ukraine, Denys Shmyhal said that the departmental bodies of Ukraine have enough reserves to cover all planned procedures: salaries and pensions, including increases, scholarships for students, benefits, and government programs to support the population.

“The National Bank has enough reserves to keep the exchange rate stable. In January, the budget was overfulfilled by more than UAH 10 billion, and there are enough funds in the government’s accounts to finance all expenses, in particular, all the planned salary and pension increases for Ukrainians,” Denys Shmyhal.

Recall that the world community actively supports Ukraine, its economic security, and prosperity. Today, Ukraine can count on such support from its partners: the European Parliament decided to provide Ukraine with support of €1.2 billion, Britain — £100 million, the USA — $1 billion, Germany — €150 million, Canada — $400 million.

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