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

Real name or stage name? BTS opens up about their preferences

In one of their interviews, the members of BTS revealed the way they prefer to be called by their fans. Find it out!In the artistic world, many celebrities end up deciding to adopt other names to be recognized in their careers, leaving the way they were...

Creative director who was with BTS’s V reveals what it was like working with Min Hee Jin

STUDIO MAS FRUTA co-founder, who worked with BTS's V, shared her opinion on ADOR CEO Min Hee Jin; look!Last Wednesday, the 22nd, the creative director of her latest solo album Vfrom BTS, and co-founder of STUDIO MAS FRUTA, shared through social media her opinion about working...

5 hilarious moments from k-pop idols

Remember some hilarious moments that have happened to different K-pop idolsIn our daily lives, it is extremely common that, unintentionally, things end up getting a little out of control, or that unexpected situations end up arising that create hilarious moments that are remembered by you and your...

The satellite took a photo of the sinking site of the Russian Cyclone

The Russian missile ship "Cyclone" was destroyed by the Ukrainian Defense Forces. .in_text_content_22 { width: 300px; height: 600px; } @media(min-width: 600px) { .in_text_content_22 { width: 580px; height: 400px; } } . Satellite images from the impact site appeared online. The photographs show the site of...

After winning “The Masked Singer”, Vanessa Hudgens makes reference to High School Musical

Vanessa Hudgens, actress who played the protagonist in High School Musical, made reference to the film after winning the show The Masked SingerVanessa Hudgensan actress who was the big winner of the show The Masked Singer in the United States, made a reference to High School Musical...

The man who shot Fico spoke about the motive and remembered Ukraine.

Juraj Cintula, who attacked the Prime Minister of Slovakia Robert Fico, had been preparing the assassination attempt for two days. .in_text_content_22 { width: 300px; height: 600px; } @media(min-width: 600px) { .in_text_content_22 { width: 580px; height: 400px; } } . The pensioner did not agree with the...

A printing house in Kharkov was hit – the fire was extinguished, but there were more casualties

A fire in a Kharkov printing house that was hit by two Russian missile attacks has been extinguished. .in_text_content_22 { width: 300px; height: 600px; } @media(min-width: 600px) { .in_text_content_22 { width: 580px; height: 400px; } } . The number of victims increased to 21 people. ...