On 21 March 2023 in the online mode the closing meeting of the Twinning project for the National Bank of Ukraine “Strengthening the institutional and regulatory capacity of the National Bank of Ukraine to implement EU-Ukraine Association Agreement” (hereinafter – Project), the beneficiary of which is National Bank of Ukraine (hereinafter – NBU), took place.
The Project was implemented jointly with Narodowy Bank Polski of the Republic of Poland and Lietuvos Bankas of the Republic of Lithuania.
The aim of the Project is to promote macroeconomic stability by increasing the institutional capacity of the National Bank of Ukraine, as well as by developing a reliable banking and payment infrastructure.
Marta Kightley, First Deputy Governor, NBP, delivered a welcoming address to the Project partners and expressed his gratitude for effective cooperation within the framework of the Project. At the same time, Marta Kightley, focused attention on the success of the Project, in particular in view of the difficulties of COVID-19 and martial law in Ukraine. First Deputy Governor expressed her special gratitude to the representatives of the NBU for their determination in Project implementation.
In turn, Simonas Krepsta, Board of Lietuvos Bankas, welcomed the participants of the meeting and expressed his support and gratitude to the Project partners, in particular, focusing on the success of the Project results due to the NBU’s potential.
At the same time, Kateryna Rozhkova, First Deputy Governor, NBU, thanked representatives of the Narodowy Bank Polski of the Republic of Poland and Lietuvos Bankas of the Republic of Lithuania for the opportunity to effectively cooperate within the framework of the Project. Kateryna Rozhkova also noted that the exchange of best practices with the Project partners will contribute to further macroeconomic stability by implementing European standards.
In addition, Project Component Leaders outlined in their speeches the main achievements over the period of the Twinning project implementation. In particular, Robert Klepacz, representative of the Narodowy Bank Polski and Andriy Poddyerogin, representative of the NBU, noted that the instant payments model was developed in the framework of Component 2, 4 meetings, as well as 2 expert fora on instant payments and a study visit to the National Bank of the Republic of Poland were held. Also, Gytautė Peseckaitė-Kibickienė, representative of the Lietuvos Bankas, and Maksym Komarov, representative of the NBU, focused on the process-based planning and management model developed in the framework of Component 3.
The speeches were also delivered by Paweł Samecki, MS Project Leader, Vilė Urbonienė, MS Junior Project Leader, and Volodymyr Kuchyn, BC Project Leader.
In turn, participants of the meeting expressed gratitude to the Project partners for their high professionalism and coordinated cooperation aimed at achieving the mandatory results of the Project.
On behalf of the Center for Adaptation of the Civil Service to the Standards of the European Union Olena Honcharuk, Head of the Twinning Coordination Division of the Unit of Twinning Programme Administration Office activities ensuring took part in the meeting.
For reference: according to the Resolution of the Cabinet of Ukraine “On Approval of the Procedure for Initiation, Preparation, and Implementation of the Twinning Projects” as of 11 October 2016 No 700 the National Agency of Ukraine on Civil Service coordinates the implementation of the institution building instrument of the European Union Twinning in Ukraine. Furthermore, in accordance with relevant legal acts the National Agency of Ukraine on Civil Service is the coordinator of institution building instrument TAIEX implementation in Ukraine. In order to provide effective coordination of Twinning and TAIEX the Twinning Program Administration Office in Ukraine was established, its functions are performed by the Center for Adaptation of the Civil Service to the Standards of the European Union.
