Ukrainian central bank says proposed law is attack on its independence

Passing law could lead to cut-off of IMF aid, central bank warns

gontareva-ukraine
NBU governor Valeria Gontareva

Ukraine's central bank has called a proposed law an attack on its independence, and has called on president Petro Poroshenko to repudiate the law-makers supporting the measure. It also warned that the new law could lead to a cut-off of international financial assistance.

The National Bank of Ukraine (NBU) said that the draft law was "an attempt to roll back financial sector reforms and prevent the NBU from achieving its objective of lowering inflation". It was "intended to strip the NBU of its

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.