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8.1.3 Banks specific issues
The Ukrainian parliament passed a law to strengthen the independence of the National Bank of Ukraine (NBU) on October 19, fulfilling part of Ukraine’s requirement to obtain the next $700mn tranche from the International Monetary Fund (IMF). A total of 255 lawmakers out of 423 supported the bill in the second reading. The new law limits the powers of the NBU Council, an
43 UKRAINE Country Report November 2021 www.intellinews.com
