For the year Ukraine is paying international creditors, “the second” defense budget

For the year Ukraine is paying international creditors, “the second” defense budget

© Twitter/Vladimir Groisman

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Yesterday, 23:22

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The amount of the debt service budget is almost equal to the cost of security.

In the next five years Ukraine must pay foreign creditors $ 33 billion. Impressive numbers called Prime Minister Vladimir Groisman during a preliminary government report to the Committee of the Verkhovna Rada, says the story TSN.19:30.

According to him, this year’s external debt service will cost $ 5 billion – this amount is almost equal to the annual government spending on defense. In the credit loop Ukraine got thanks those governments that from 2005 to 2014 have increased $ 50 billion foreign debt, so now without the help of IMF and other financial institutions can not do.

Видео33 billion dollars needs to pay Ukraine to foreign creditors in the next five years

An impressive figure called the Prime Minister Volodymyr Groysman during the previous government report to the Committee of the Verkhovna Rada. This year, external debt service, which will cost $ 5000000000. This amount is almost equal to the annual government spending on defense. In the credit loop explains the Prime Minister, Ukraine got thanks those governments that in nine years, from 2005 and before Yanukovych fled the country, increased its $ 50 billion foreign debt. So now without the help of IMF and other financial institutions can not do.

TSN. 19:30

Yesterday, 20:44

Cooperation with them Groysman calls internally, but useful considering reforms that encourage Ukraine’s international creditors. To break the vicious cycle of Ukraine, reaching economic growth at 5-7%. “This is our forced co-operation. But a lot of reforms and changes we make within it, they revitalize the economy and provide stability. It is our necessary measure, cooperation. But what I see in the future – strong, self-sufficient economy“, – said Groisman.

See also:

The IMF reminded of the critical condition for the resumption of lending to Ukraine

As previously reported, the Ministry of Finance and planning has placed bonds of internal state loan (government bonds) and attracted to the state budget 1,456 billion and 305,1 million dollars.

  • Budget
  • money
  • credit
  • IMF

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