Objective. To support the NBU’s function on ensuring financial stability. The completion of the project should result in a macroprudential analysis of the banking system and local capital markets, which are tied to the structure of macroeconomic modelling. That will enable the National Bank of Ukraine to formulate an analysis of macroprudential policy for medium- and long-term financial cycles.
In the framework of the project, expert assistance is provided in building economic models to support the NBU task on ensuring financial stability, and enhancing its institutional capacities on the basis of macroprudential policy analysis for the mid- and long-term period. The analytical model enables a comprehensive assessment of the main mid-term macroeconomic and microfinancial trends. The model provides for the development of scenarios for projecting the responses of the real economy and financial sector to different challenges in order to define adequate measures for their proper remedying.