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NBU Discuses Continued International Cooperation with 30 Institutions

NBU Discuses Continued International Cooperation with 30 Institutions

On 25 November 2020, the NBU hosted the Annual Technical Cooperation Meeting, which took place online.

About 80 representatives from 30 institutions attended the meeting, including representatives of international organizations, the European Union, the International Monetary Fund, the World Bank, the European Bank for Reconstruction and Development, foreign embassies to Ukraine, the Secretariat of the Cabinet of Ministers of Ukraine, foreign central banks and financial sector regulators, and representatives from international technical assistance projects and programs.

In his opening address, Dmytro Sologub, Deputy Governor of the National Bank of Ukraine (NBU), thanked the international partners for their assistance and for supporting reforms in the financial sector of Ukraine despite the global pandemic, including the support of the SPLIT project. Also, he thanked the partners for commencing four new projects of international technical assistance and continuing three ongoing projects in 2020. 

"In 2020, the NBU held about 300 events dedicated to international technical assistance. The number of events increased by around 60% in contrast to the previous year. The pandemic made us adapt the events and get used to the online format. This year, the NBU also expanded the number of international partners and the geography of cooperation," noted the NBU Deputy Governor.

Anatolii Kutsevol, Deputy State Secretary of the Cabinet of Ministers of Ukraine, presented to attendees of the event the elements of the three-tier system of international technical assistance coordination in Ukraine introduced in 2020. 

Speakers from the NBU, De Nederlandsche Bank, and the National Bank of Moldova shared their expertise on changing the approaches to coordinating international technical assistance in times of the pandemic.

The NBU representatives spoke about the targeted attraction of international technical assistance in line with the strategy documents and programs for the financial system development in Ukraine. They also presented the key results of the cooperation with international partners and outlined the main areas for attracting international technical assistance for the following year. 

The NBU’s biggest international partners, namely representatives from the EU, the IMF, the World Bank, the EBRD, USAID, the Embassy of Switzerland in Ukraine, projects and programs of international technical assistance, Narodowy Bank Polski, the Bank of Lithuania, the Deutsche Bundesbank, De Nederlandsche Bank, Sveriges Riksbank, and the Central Bank of the Republic of Turkey, thanked the NBU team for professionalism and productiveness in implementing joint projects.

The partners wished success to the NBU and confirmed their readiness to continue cooperation in reforming the financial sector of Ukraine.

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