Cooperation with IMF will help maintain international reserves at $30B - NBU

Cooperation with IMF will help maintain international reserves at $30B - NBU

Ukrinform
Cooperation with the International Monetary Fund (IMF) and other international financial institutions will help Ukraine to maintain international reserves at the level of about $30 billion, Deputy Governor of the National Bank of Ukraine (NBU) Yuriy Heletiy has said.

"The National Bank expects further progress in negotiations with the IMF. Cooperation with the IMF and other international partners is important to finance budget needs and provide additional incentives for economy growth. This will also allow Ukraine to maintain international reserves at the level of about $30 billion,” Heletiy said at a briefing, an Ukrinform correspondent reported.

As Ukrinform reported, international reserves of the National Bank of Ukraine amounted to $28.6 billion dollars as of March 1, 2021.

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