National Bank Head Shevchenko may be resigned - Financial Times
The Head of the National Bank of Ukraine (NBU) Kyryl Shevchenko may be dismissed.
The Financial Times published this, citing two sources in the Office of the President, UNN reports.
"Two sources close to Zelenskyi told the FT that Shevchenko risks being replaced," the newspaper wrote.
According to the newspaper, personnel decisions in the NBU complicate negotiations with the IMF on the tranche.
In an interview with the Financial Times, Shevchenko said that the window available for loan approval was "not as significant as we would like." He also predicts that this year, the IMF will allocate $3.2 billion to Ukraine.
At the same time, an expert on the sovereign debt of developing countries in Bluebay Asset Management and an expert on Eastern Europe, Timothy Ash, questioned the reputation of Shevchenko as head of the NBU in a comment to the publication.
"We can argue whether he retained the institutional power of the NBU, but I'd say that it's much weaker than when he joined," Timothy Ash said.
