Ukrainian state-owned companies will conduct stress tests

Украинским госкомпаниям проведут стресс-тесты

The Finance Ministry has prepared stress tests for state-owned companies

The Finance Ministry and the IMF have developed a model of stress-testing of work of public companies.

The Ministry of Finance of Ukraine jointly with the expert from the International monetary Fund has developed a model for stress-testing the activities of public companies. On Friday, April 19, reported the press service of the Ministry of Finance on the results of the technical mission of the fiscal Department of the IMF.

“The team of the Ministry of Finance and the IMF mission met with representatives of Naftogaz of Ukraine, NJSC Energoatom, Ukrzaliznytsia and to discuss the results of financial-economic activity and major fiscal risks associated with their activities. Together with the IMF expert has developed a model for stress-testing activities of business entities”, – stated in the message.

It is noted that such a practice will help to identify and minimize potential fiscal risks.

In the future, the cooperation of the Ministry of Finance and the IMF on the direction of the management of fiscal risks will continue, said the Ministry.

The Finance Ministry noted the main risks of the Ukrainian economy

Earlier, the IMF said that the nationalization of PrivatBank is the only effective measure to protect investors.

 

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