The national Bank of Ukraine (NBU) expects the growth of international reserves of Ukraine by the end of 2018 from $15,54 billion to “just below the” $19 billion, said the Deputy head of the NBU Oleg Churiy.
“By the end of this year our forecast is that gold and currency reserves (GCR) will be slightly lower than $19 billion”, – he said at a press conference in Kyiv on Thursday.
O. Curi noted that this forecast is based on the understanding that by the end of this year Ukraine “100%” will not receive the next tranche of the International monetary Fund EFF program.
“At the same time, we expect next year to two tranches for a total of $3-3. 5 billion Due to the receipt of these funds is in gold reserves, and other associated funding from international organizations, particularly the European Commission, we will be able to replenish our gold reserves in the next year”, – said Deputy head of the NBU.
As reported, Ukraine’s international reserves in 2016 increased by 17% to $15,54 billion At the beginning of December of this year they amounted to $of 18.91 billion, or 3.7 months of future imports, having increased in November by 0.9%.
At the end of October this year, the national Bank reported that lays in their projections continuing cooperation with the IMF expecting growth of reserves up to $22.1 billion (or 4.2 months of imports of the future period) at the end of 2018.