Credit and financial assistance in the amount of $ 40 billion, which Western Nations have promised to provide Ukraine, will be sufficient to stabilize its economy, but not enough to return the country towards real growth, said the Minister of Finance of Ukraine Natalie Jaresko. "Do I think we have enough of These funds? The amount of the program, of which we speak, is $ 40 billion. This Amount consists Of 17, 5 billion from the international monetary Fund over 4 years, the second part - 7, 5 billion from our partners, third - fifteen, 3 billion, which we are able to reduce costs due to the restructuring of our debt ", - quotes Jaresko " UKRINFORM ". "This money is enough, if there is no escalation of the war in the East, it suffices to stabilize the economy, the recovery of reserves and to support the budget. The amount is not enough to get us to return to real growth. This requires investment funds, " she said. Jaresko added that to increase the GDP of Ukraine has become more attractive for investment and to attract more foreign investors. At the end of March Jaresko said that the West must provide Ukraine with additional financial assistance except for a package of 40 billion dollars, because the country is bankrupt will cost more." I firmly believe that "seven" and, frankly, also the "Group of twenty" at the present time have a responsibility to provide monetary assistance to Ukraine on a larger scale, " - said Jaresko. According to the information received, the IMF, the forecast of development of economy of Ukraine in 2015 reduced to minus 9%, inflation at the end of the year will be 46%. As said on may 28, former Minister of the parish of funds and duties of Ukraine Oleksandr Klymenko, the total debt of Ukraine, then there is country, business to external creditors is slightly more than 126 billion dollars." in terms of every Ukrainian, including the elderly and children, owes external creditors 993 dollar, " added the former Minister. Recall, Ukraine in fact is on the verge of default. From the report of the IMF "global financial stability", it follows that the second banks of Ukraine for the risk of loan defaults after Nigeria. The head of the National Bank of Ukraine Valeria Gontareva has recognized that the economy of her state reached the bottom.
sections: Politics |