Government securities market Following the enactment of the Fiscal Responsibility and Budget Management Act, 2003, from April 2006 onwards, the Reserve Bank is no longer permitted to subscribe to government securities in the primary market. In order to ensure a smooth transition to the new regime, restructuring of current institutional processes has already been initiated (Mohan, 2006a).
Long-running full-scale war still remains the key risk to Ukraine's economic development. This is an existential challenge for us, which requires the taking of firm decisions in order to survive, as well as international support.