It was precisely to overcome the twin problems of scarcity and high-cost of finance for the long term projects that the DFIs were established almost exclusively under Government ownership. Importantly, these institutions were also expected to develop requisite expertise on project appraisal and risk management in long term lending and complement private financial lending entities. Genesis of Development Finance Institutions 8.
Apart from the base effect, the pullback in inflation was driven by an ample supply of food and fuel, a stronger hryvnia cash exchange rate, and improved exchange-rate and inflation expectations. Among other things, the NBU's efforts to keep the key policy rate high and make hryvnia instruments more attractive made it possible to stabilize the FX market and improve expectations.