G7 ambassadors call on NBU governor to maintain independent monetary policy

G7 ambassadors call on NBU governor to maintain independent monetary policy

Ukrinform
The G7 ambassadors have congratulated Kyrylo Shevchenko on his appointment as Governor of the National Bank of Ukraine (NBU) and stressed the importance of maintaining an independent and rational monetary policy and effective regulation of the banking system.

“In a meeting with National Bank Governor Kyrylo Shevchenko, the G7 ambassadors congratulated him on his appointment and noted the critical role played by the NBU in recent years to stabilize the financial system and reduce fraud and corruption in the banking sector. They stressed the importance of maintaining an independent and sound monetary policy and effective regulation of the banking system to sustain economic growth,” the ambassadors said in a statement posted on their Twitter account.

As reported by Ukrinform, on July 16, 2020, the Verkhovna Rada of Ukraine appointed Kyrylo Shevchenko to the post of NBU governor on the proposal of President of Ukraine Volodymyr Zelensky.

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