The undermining of the national Bank, as a key institution, would put at risk the support of reforms in Ukraine.
The ambassadors of the G7 countries stated that an independent national Bank is a fundamental achievement for Ukraine, reports the Chronicle.info with reference to the Correspondent.
The corresponding statement was published on Twitter July 1, a few hours after information about the resignation of the head of the NBU Yakov Smoliy.
“Independent Bank is a fundamental achievement for Ukraine, which reduced corruption, contributed to the growth and saved the bankrupt banking sector. Undermining this important institution would be a big step backwards and would put at risk the reliability of reforms in Ukraine and their support,” said the ambassadors of the Big seven.
An independent National Bank is a foundational achievement for Ukraine that has reduced corruption, driven growth & rescued a failed banking sector. To undermine this crucial institution would be a big step back and jeopardize the credibility of and support for Ukraine‘s reforms.
— G7AmbReformUA (@G7AmbReformUA) July 1, 2020
We will remind, on June 1 the head of the NBU Yakov Smoliy resigned. He explained his decision to political pressure.
The members of the Board of the national Bank and Deputy Smoliy said he will continue to work to preserve macro-financial stability in the country.