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Parameters of the monetary indices of Ukraine | |||
Index | 20XX | 20XX | Changes, % |
Monetary base, UAH mln | |||
Monetary stock, UAH mln |
Give your opinion of the following means, planned and used by the NBU:
Monetary parameters can change during 20XX depending on the situation in the monetary market.
The National Bank of Ukraine plans to achieve the determined monetary parameters by the following means:
- improving the structure of the credit emission, in particular its more productive channeling;
- carrying out the quantitative control over the monetary stock dynamics which would correspond to the increase in the GDP forecasted level and a moderate inflation rate (10% monetary stock increase);
- stimulating processes of increasing household investments to the banking system by increasing guarantees of their return through introduction of mechanisms of deposit insurance and orientating commercial banks towards offering positive real interest rates on deposits;
- assisting in regaining confidence of domestic and foreign markets' investors in further development and functioning of the state securities stock market as one of the main segments of capital movement and an effective instrument of the monetary market management;
- increasing credit support of domestic producers by intensifying commercial banks' credit activity, and support by the NBU of commercial banks' liquidity using the refinancing system;
- stimulating the banks' investment activities, primarily increasing (he long-term crediting volumes due to providing financial stability and thus promoting the growth in volumes of long-term deposit investments of economic entities and population;
- protecting economic interests of entities of the monetary market.
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Herald of the National Bank of Ukraine, May 2000 | | | XII. Complete the sentences using your own words:. |