The National Bank of Ukraine has named the main global and domestic risks to the economy of Ukraine, director of the NBU Department of Analysis and Forecasting of monetary market Serhiy Korablin has told the conference today.

Among the global risks, he has named a decrease in demand for domestic exports and increasing complexity for borrowing to enter foreign markets. High energy prices have been also named among the risk factors to the Ukrainian economy. The main domestic risk, according to Korablin, is associated with insufficient pace of structural reforms.

The NBU representative also believes that maintaining macroeconomic and monetary stability depends on the same structural reforms.

In addition, Korablin has said: "We urgently need a realistic budget with low deficits".
The regulator also understands the need for the active development of the financial market, the stock one above all. "The banking system does not have enough liquid collateral instruments," Korablin concluded.



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