The National Bank of Ukraine has engaged in sizable government bond purchases, reporting a total of 15 billion hryvnias in new bond acquisitions since late February 2022, equivalent to more than 400 million dollars. In the same timeframe, the regulator’s funding reach has reached an impressive 370 billion hryvnias, with plans to inject an additional 30 billion hryvnias in December. This update comes from a Kyiv lawmaker who shared the figures via a messaging channel, outlining a broader fiscal strategy tied to the year’s budget and social programs. The emphasis is on steady support for public finances, framed as a bridge between monetary policy actions and the needs of the state budget through the year. [Citation: official statements from the Verkhovna Rada and central bank communications]
According to the same briefing, overall funding provided since February 24 totals 370 billion hryvnias. The deputy indicated that December would see another 30 billion hryvnias added to this total, with the year ending around 400 billion hryvnias in active financing. This amount corresponds to roughly 10.8 billion dollars and is positioned as the budgeted level for social and public purposes. The narrative from the source emphasizes deliberate planning to support the economy while maintaining fiscal discipline. [Citation: parliamentary updates and central bank disclosures]
In a separate development, a promise was made to the American embassy that the hryvnia’s challenges would be addressed starting in 2023. The goal is to help reduce the state treasury deficit by implementing measures intended to stabilize the currency and ensure more predictable revenue for the budget. Market observers note that currency stabilization efforts are closely linked to broader financial assistance and economic reforms, with the embassy discussions highlighting international cooperation as a factor in policy direction. [Citation: bilateral discussions and international cooperation notes]
Throughout this year, the rapid issuance of hryvnia has coincided with inflation pressures and a depreciation of the national currency in real terms. Since February, the monetary regulator has effectively expanded the money supply, with a reported 364.4 billion hryvnias printed through late November. Economists have pointed to the balance that monetary expansion seeks to strike between supporting government needs and containing inflation, while recognizing the potential impact on the exchange rate and price levels. The ongoing policy stance is presented as a careful calibration aimed at preserving financial stability alongside social and economic objectives. [Citation: central bank briefings and economic analyses]