The direct losses of the economy from the recent crisis 2014-2016 amounted to almost 40% of GDP.
It is noted that direct losses of the economy from the recent crisis 2014-2016 amounted to almost 40% of GDP.
As explained head of the NBU Yakov Smoliy during the presentation of the strategy, it aims at preventing the accumulation and implementation of systemic crisis risks in the financial sector, and enhancing its stability to the crisis phenomena.
“The implementation of the National Bank macro-prudential policy would facilitate not only the stability of the financial system, but also to strengthen confidence in the banks, and continued macroeconomic stability. In the long term it will allow to provide stable economic growth, more resilient to negative shocks and crises”, he said.
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