IMF warns Ukraine to protect central bank independence

Governor calls for end to pressure on reformers as court reinstates senior official

The National Bank of Ukraine
The National Bank of Ukraine
Oksana Parafeniuk

The International Monetary Fund has stressed that Ukraine’s new government must protect the independence of the country’s central bank in return for a new loan.

The National Bank of Ukraine governor, Yakiv Smolii, posted a picture on social media network Twitter of himself meeting the IMF staff team. He wrote alongside the picture that the IMF is demanding an end to the pressure on reformers and the maintenance of financial stability. This would depend, Smolii wrote, on litigation in Ukraine

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