The bill (Reg. No. 2178) was elaborated in order to establish minimum level of foreign-currency and gold reserves of the National Bank of Ukraine at the level of 10% for any 12 calendar months in a row; 18 per cent for any 24 calendar months in a row; 24 per cent for any 36 calendar months in a row; 28 per cent for any 48 months in a row; 30 per cent for any 60 months in a row”. Adoption of the bill was explained with a necessity to prevent further significant reduction of economic potential of Ukraine.
The Central Scientific Experts Office of the Verkhovna Rada of Ukraine Secretariat made a number of remarks to the bill.
The National Bank of Ukraine suggests reject the bill.
The Cabinet of Ministers also makes remarks to the bill and does not uphold the draft law in view of its inconsistency with article 99 of the Constitution of Ukraine.