Automatically translated version. May contain inaccuracies compared to the original.
The intensification of shelling has not yet forced the NBU to change its macro forecast.
The National Bank keeps its latest macroeconomic forecast for Ukraine’s economy, which the regulator updated at the end of July. At the same time, the NBU draws attention to the urgent need for additional external financing for this year and next. This was stated by NBU Governor Andriy Pyshnyy during a meeting with representatives of 30 the largest banks, according to his briefing after the meeting.
“We also discussed the macroeconomic consequences of the intensified shelling. We remain within the baseline scenario of our forecast for now, while carefully assessing how changes in the security situation will affect the economy,” he wrote on Facebook.
According to him, last week the NBU also discussed the economic situation and the need for additional financing with IMF experts.
“We already understand that Ukraine will have an additional need for money from partners. To obtain it, the country must be effective in fulfilling its international obligations,” Pyshnyy emphasized.
At the same time, Pyshnyy did not disclose the amount that Ukraine would need in addition.
It was also reported that funding for a number of state budget expenditures is currently on hold, although these expenditures are provided for in the State Budget Law for 2026 the year. The situation may change closer to December.
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