Ukraine has lost control over his duty

The state debt of Ukraine for the year increased to 314 million dollars, actually reaching 68 billion, about 65% of which was external debt. With all this, the Prime Minister powers Arseniy Yatsenyuk admitted that Kiev could not afford to service the debt of this magnitude.

Sad situation, which was formed in the Ukrainian economy, has no directional improvement. Not to mention the fact that, despite all international efforts to pulling powers out of debt, the state stubbornly continues to push for default. This was stated as a fact that during the year, the debt of Ukraine grew by 314 million, and that the Prime Minister powers Arseniy Yatsenyuk considered maintenance costs of credit obligations is very high.

So, according to data from the Ministry of Finance, debt stranica 1 only may increased by 314 million dollars, reports FAN. Total public debt, thus, represents 67.6 billion. Of these, nearly 65% of foreign loans.

With all this greatly enhanced the Ukrainian Treasury debt serves hardly what at the meeting with the adherents of the business informed the Prime Minister powers Arseniy Yatsenyuk. "We can't afford to service those debts which were taken in the first place, for the last 3 years", - quotes RIA Novosti the head of the Ukrainian government.

"During this time was received by Ukraine $ 40 billion, and the total amount of funds required for the prevention of external debt of Ukraine, is actually equal to our military costs. 5% of GDP we spend on homeland security and defense and 5% we have to spend on servicing internal and external debt of Ukraine", - he added.

Note that the joint amount of the debt obligations of Ukraine (just under $ 70 billion), about 40 billion are external debt. The government planned to restructure its 23 billion of this sum, thus saving up to 15.3 billion dollars in 4 years.

It is unlikely that Kiev will be able to come to an agreement with international lenders, experts say. So, 1 of the major players in the global investment market - Goldman Sachs predicts that Ukraine will have to miss the coupon payment on government bonds. This means that the default power may declare already, on 24 July.

sections: Economics, World News, Accidents