The National Bank calculates that UAH 5 billion in coins is about 70 modern Bayraktar drones or 25 HIMARS multiple launch rocket artillery systems.
The National Bank of Ukraine, within the framework of the charitable campaign Bold hryvnia, will collect coins in the denominations of 10, 50 kopecks and 1, 2, 5 and 10 hryvnias in the next three months. The amount of the raised funds will be transferred to the needs of the Armed Forces of Ukraine, the NBU said in a statement.
Currently, there are more than 14 billion coins in circulation worth more than 5 billion hryvnias. A significant number of small change coins, including coins with a face value of 10 kopecks (28.5% of the total number of coins in circulation) and 50 kopecks (9.3% of the total) are mostly unused by citizens for cash payments and lies. in the piggy bank or pocket.
From August 1 to October 31, 2022, every Ukrainian can join the campaign, collect coins and bring them to Oschadbank or FUIB branches in all regions of the country where these banks operate.
The NBU calculates that 5 billion UAH in coins is about 70 modern Bayraktar drones or 25 HIMARS multiple launch rocket artillery systems, or 50 T-90 tanks, or 150 combat infantry vehicles.
It should be noted that the National Bank of Ukraine plans to stop monetizing the state budget deficit in 2024.
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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.