President of Ukraine

President took part in a meeting on financial and economic development of the country

1 October 2019 - 20:24

President took part in a meeting on financial and economic development of the country

President Volodymyr Zelenskyy and representatives of the Government and the National Bank of Ukraine participated in a joint meeting on financial and economic development of the country. The meeting in the National Bank was attended by NBU Governor Yakiv Smolii, members of the NBU Board, Prime Minister Oleksiy Honcharuk, Minister of Finance Oksana Markarova with the team, Minister of Economic Development, Trade and Agriculture Tymofiy Mylovanov and his team.

The parties discussed the macroeconomic situation, joint actions of the Government and the National Bank aimed at increasing the availability of credit provision and the results of the work of the IMF mission.

NBU Governor Yakiv Smolii noted that the situation in the banking sector and the balance of payments situation remained predictable.

“We see an economic growth of 4.6% in the second quarter. Inflation is decreasing according to the forecasts of the National Bank. We are responsible for creating a solid foundation for sustainable economic growth. We have already done a lot for this - curbed inflation, restored macroeconomic stability, liberalized capital flow, improved the banking sector, created conditions for saving money. And most importantly - resumed credit provision,” Yakiv Smolii said.

The President of Ukraine stated: “We are facing ambitious tasks regarding structural reforms, the fight against the shadow economy and corruption. And I believe that with the joint efforts of the Government, the Parliament and the National Bank, we will be able to achieve accelerated economic growth".

According to the President, further reform of the financial sector is an important element of sustainable economic development and increased confidence of investors and international partners.

Before the meeting, Volodymyr Zelenskyy met with the NBU team and wished them a fruitful and constructive work.

“The National Bank of Ukraine was, is and will be independent - we stand for this. The main thing is that people do a professional and complex job, thank you for that. I see that you have a lot of energy. You are young and purposeful. I wish you to remain the same, to work for the benefit of our independent country,” the President said.