Ukrainian central bank says proposed law is attack on its independence

Passing law could lead to cut-off of IMF aid, central bank warns

gontareva-ukraine
NBU governor Valeria Gontareva

Ukraine's central bank has called a proposed law an attack on its independence, and has called on president Petro Poroshenko to repudiate the law-makers supporting the measure. It also warned that the new law could lead to a cut-off of international financial assistance.

The National Bank of Ukraine (NBU) said that the draft law was "an attempt to roll back financial sector reforms and prevent the NBU from achieving its objective of lowering inflation". It was "intended to strip the NBU of its

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