“The transition from “pennies” to “steps” does not require additional expenses from the state budget. This was stated by the head of the National Bank Andriy Pyshny in an interview with Ukrainian Radio. “No additional expenditures from the state budget will be carried out. There will be no removal of the coin that is in circulation. After making a relevant decision by the Verkhovna Rada (and we look forward to it) national”, – WRITE ON: ua.news
The transition from “pennies” to “steps” does not require additional expenses from the state budget.
This was stated by the head of the National Bank Andriy Pyshny in an interview with Ukrainian Radio.
“No additional expenditures from the state budget will be carried out. There will be no removal of the coin that is in circulation. After making the relevant decision, the Verkhovna Rada (and we hope for that) will stop mining pennies and start to mince a small specific Ukrainian coin – steps, ”he said.
The magnificent stressed that the introduction of a steam on the purchasing power of the hryvnia would in no way influence.
According to him, there are 14 billion of a fine coin with a face value of 10 and 50 cents. And the National Bank, in order to maintain the appropriate circulation of the coin, must punish at least 20 million every year.
“We do not mince a coin of 10 cents, but we will have to punish 50 cents for some time. They are about one and a half billion in circulation. And we want the next circulation that we will need to be quarrel with, not a penny, but the steps, ”the NBU chairman said.
He added that only a few changes in Ukrainian legislation need to be approved for this purpose.