NBU opposes setting up Export-Credit Agency in Ukraine in coming years

The National Bank of Ukraine categorically opposes setting up the Export-Credit Agency in the country in the next few years due to Ukraine's low ratings and a lack of funds, NBU Head Valeriya Gontareva has said at a meeting with the European Business Association in Kyiv.
"Who will take our guarantees?" she asked the rhetorical question, noting that the rating of Ukraine is at the level of "CCC."
Gontareva added that only the Czech Republic among all the countries of Eastern Europe set up such an institution, however there it was not a "success story."
"I do not participate in populism," she said.
As reported, the Radical Party of Oleh Liashko, being part of the coalition, has repeatedly demanded setting up the Export-Credit Agency in Ukraine. During consultations, when adopting the national budget for 2016 at the end of December last year, its representatives declared the government had promised to create such an agency and allocate funds for this in 2016, due to which the Radical Party faction in the parliament voted in favor of the budget, although earlier it came out of the coalition.