The World Bank has slammed National Bank of Ukraine (NBU) resolution No. 47, which foresees the credit stimulation of economic development.
World Bank slams NBU's initiative on credit stimulation of economic development
Mar 11, 2010 at 15:42 | Interfax-Ukraine
The World Bank has slammed National Bank of Ukraine (NBU) resolution No. 47, which foresees the credit stimulation of economic development, according to World Bank Country Director for Ukraine, Belarus and Moldova Martin Raiser.
"If you want to support the economy, put this in the budget," Raiser said at a press conference in Kyiv on Mar. 11.
According to Raiser, the World Bank has sent remarks on the resolution to the National Bank of Ukraine.
