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You're reading: NBU Council approves main principles of monetary policy for 2013

The Council of the National Bank of Ukraine (NBU) at a meeting on Wednesday approved the basic principles of the monetary and credit policy for 2013, while the final wording of the document will be made public after consultations with the Cabinet of Ministers, NBU Council member Vasyl Horbal has reported.

“We as is traditional made the decision not to promulgate the basic
principles until consultations with the cabinet are held. They will be
published after they are determined,” he said.

NBU Council member Petro Poroshenko told reporters that the basic
principles of the monetary and credit policy for 2013 fully correspond
to the government’s macroeconomic forecast.

“They [the basic principles] fully correspond to the macroeconomic
forecast made by the government and the functions of the NBU on ensuring
the stability of the national currency,” he said.

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