• Українською
  • Cutting a key policy rate by 2 points is proof of a stable positive trend in the economy of Ukraine, says Oleksiy Honcharuk
    Communications Department of the Secretariat of the CMU, posted 12 December 2019 16:49

    Today, the National Bank of Ukraine has reduced its policy rate by 2 points: from 15.5% to 13.5%.

    “This means a cheaper credit resource not only for the population but for business as well. And yet, cutting the discount rate implies that the National Bank sees no threat to further inflation decline. Thus, reducing inflation to 5% in November is not a one-off victory, but a projected and expected trend,” Oleksiy Honcharuk emphasized.

    The Head of Government also emphasized that the above indicator, published by the National Bank of Ukraine, is also a proof of economic stability.

    "This is the proof that the economy is rather stable and sound, hence the citizens can safely keep savings in national currency - the hryvnia, and business - invest into the future," said the Prime Minister of Ukraine.

    According to him, the steady disinflation and the cutting of the NBU policy rate was driven by the rapid appreciation of the hryvnia.

    "We knowingly signed a Memorandum of Cooperation between the Government and the NBU - coordination and collaboration entail a positive result," stressed Oleksiy Honcharuk.

    Cutting a key policy rate by 2 points is proof of a stable positive trend in the economy of Ukraine, says Oleksiy Honcharuk