NBU serves the decision on net foreign exchange reserves

The National Bank of Ukraine stated that the decision to reduce the level of net international reserves performed.

at the interview to UNIAN said Director of the Department of Foreign Economic Relations of the National Bank Sergei Kruglik.

“The decision to reduce the level of net reserves is carried out by the National Bank. The level of net reserves is reduced, which provides the ability to meet external payments arising in the current year. In particular, the amount of reduction in net reserves was carried out payment, including for the imported gas is almost $ 900 million will be paid and the future payment for the gas - said Kruglik. - I hope before long will the tariff and the structural reform of Naftogaz, the resources of the International Monetary Fund will be used in accordance with the basic objectives of the program stand-by, namely - balance of payments support, the lion”s share of which now constitute payments for imported gas. ”

As UNIAN reported earlier, on January 20 this year Acting Minister of Finance of Ukraine Igor Umansky said that the National Bank of Ukraine has so far refused to provide the Government of Ukraine of foreign reserves funds from $ 2 billion, previously obtained from the International Monetary Fund for external operations. He said, when asked how much of that amount has already been used in the calculation of gas in January.

Umansky noted that the National Bank refused to grant the necessary funds for these purposes, although the previous agreement has been reached with the IMF. “This decision (about the possibility of allocating funds from reserves) was adopted, it was approved by the Board of Directors of the IMF, has been brought to the attention of the Ministry of Finance and National Bank. Meanwhile, it is not implemented by the National Bank or the penny,” - said Umansky.

He noted that funds from the National Bank for the calculation of gas in January had been received from the sale of Government Bonds.

Today, the IMF”s Kiev office issued a statement regarding the possibility of transfer of liabilities (liabilities) of Ukraine from the NBU to the Government of Ukraine: “In terms of IMF liabilities (liabilities) of the country - it is the responsibility of the country”s own party (the Fund), and not a separate entity or organization . The government may decide to grant, transfer, or place such liabilities (liabilities) to various domestic organizations or bodies. Any decision on such a transfer or allocation of funds is a decision only the Ukrainian leadership. ”

The IMF said that the decision to reduce Ukraine”s $ 2 billion before a specified rate of net international reserves of the IMF was adopted in order to provide an opportunity for the Ukrainian leadership to use the resources available for external payments, to be implemented.

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