HomeEconomyHead of the NBU:...

Head of the NBU: The state budget deficit can be financed without emissions

Photo: NBU

The head of the National Bank, Andriy Pyshny, expressed confidence that emission financing will not be needed in 2023.

The monetization of the state budget deficit in 2023 is not planned, despite the plans of the Cabinet of Ministers to increase the state budget deficit by UAH 419.3 billion. This was said at a briefing by the head of the National Bank of Ukraine Andriy Pyshny, reports Interfax-Ukraine.

“We are determined, and here we have a common position with our partners from the International Monetary Fund and the Ministry of Finance of Ukraine to prevent the monetization of the budget deficit in 2023. Emission sources must be replaced by that resource that is currently developed in terms of their availability,” said the head of the National Bank.

Pyshny believes that such sources can be the activation of the domestic borrowing market and maximizing the potential provided by the liquidity currently in the system, as well as attracting international funding and assistance.

“We hope that due to these two sources, as well as the measures that the government and the Ministry of Finance will take on financial consolidation, we will be able to finance the budget, even taking into account the additional costs, without the corresponding emission sources,” the head emphasized. NBU.

Throughout the message, Pyshny expressed his confidence that equity financing will not be needed by 2023.

Recall that for the year Ukraine covered 38% of budget expenditures with the help of partners.

It was previously reported that people’s representatives approved the first changes to the state budget-2023.

The state budget deficit in February increased to 88.8 billion

news Correspondent.net on Telegram. Subscribe to our channel Athletistic

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

Enaldinho tells why he created ‘the origin of Happy/Angry’; look!

In 'The Origin of Happy/Angry', Enaldinho addresses his story in a fictional piece that addresses themes that appear in the youth during the school periodKnew that Enaldinhoone of the biggest names in YouTube in Brazil, has already returned to the stage? The return happened to the new...

What happens in the post-determination scene of ‘Karate Kid: Legends’?

The sequence of one of the screens classics, Karate Kid: Legends, has come to theaters! Find out what happens in the film's post-credit scenesLast Thursday, May 8, the long-awaited sequence of "Kid Kid" reached the world screen. Being the name of 'Karate Kid: Legends', the feature film...

5 Pixar mothers who have become unforgettable

Remember some mothers presented in Pixar studio animations that everyone loves and are completely impossible to forgetSince the release of its first feature film, “Toy Story” in 1995, Pixar has been known for its animations that, besides presenting fun and funny stories, also feature important life lessons...

Blackpink becomes the first K-pop group to reach 2.3 billion views with MV

Years later, Blackpink secured another record with "DDU-DDU-DU", a track that received a music video on June 15, 2018Another record for Blackpink! The K-Pop female group exceeded 2.3 billion views on “DDU-DDU-DDU” MV on May 10, becoming the first K-pop group to reach such a Views brand...

5 tourist points of the doramas you need to know

City of Hometown Cha Cha Cha? Goblin Port? Discover some sights in South Korea that appeared in doramasHave you ever dreamed of visiting the amazing places that appear in your favorite doramas? In South Korea, there are several sights that set a scenario for these exciting stories....

‘A Minecraft movie’ gets a date to reach digital platforms

See when 'a Minecraft Movie' can be watched from your home TV when released for rent and purchase on digital platforms'A Minecraft movie' has a date to reach digital platforms! The information was confirmed by Warner Bros. This Monday, 12, stating that Live-action can be watched in...

Council of International Circulation Organization

The Council of the International Civil Aviation Organization (ICAO) entrusted Russia with responsibility for the rhythm of the passenger aircraft MH17 in July 2014. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } ...