Andrey Pyshny explained that Ukraine will face the task of ensuring efficient use of reconstruction resources.
Ukraine will face new challenges after winning the war aimed at avoiding an economic crisis. The head of the National Bank of Ukraine, Andriy Pyshny, stated this in an interview with Global Finance.
“The main requirement for growth after the war is macroeconomic and financial stability. Military victories can cause economic crises in countries. We have to avoid this,” he explained.
In addition to attracting resources, Ukraine faces the task of ensuring their effective use in reconstruction.
Lush explains that recovery should focus on eight areas. The first two are security, as well as macroeconomic and financial stability. The other six are progress towards EU membership, the revival of lending, the return of forced migrants, regional policy, insurance against military and political risks, and digital transformation.
“We understand that recovery after the war is long. We must start preparations now. Discussions are ongoing,” the head of the NBU concluded.
Let’s recall that the IMF, during the preparation for the second revision of the extended financing program, noted at least three important achievements of Ukraine related to economic stabilization.
The IMF has upgraded its GDP forecast for Ukraine
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.