Media: Ukraine threatens the loss of economic sovereignty

The national Bank of Ukraine for the last few months has issued more than 90 billion and billion each subsequent uncovered issue motivates the national currency to the abyss ", experts say.
according to the predictions of most experts, the budget shortfall by the end of this year, at least 20-30 billion UAH will exceed correlated with the IMF index of 63 billion UAH. According to economist Alex Moldovan, if the fiscal crisis will continue and will not be accepted measures to reduce the deficit of public finances, Ukraine will lose its economic sovereignty." We have remained without investors, capital will continue to decline, and the population will become poorer, " he says, writes " mirror of the week ". In addition, it is noted in the publication, taken today, half-hearted measures to exit from the fall only exacerbate it." instead of rational cost reduction, combating illegal activities of officials and business deregulation, the government intervenes by their predecessors, " reads the publication. As underlined by TASS, on the last working day of the week, Deputy Minister of Finance of Ukraine Denis Budashkin said that the lack of state budget for the period from January to October amounted to 53, 9 billion UAH. At the current exchange rate of the national Bank, this amount is equivalent to 3, 569 billion. According to him, negotiations with the international monetary Fund Ministry of Finance of Ukraine considers two economic scenarios for 2015 and According to the " pessimistic " scenario, the fall in GDP can be 4, 5%, and inflation - 13, 4%. According to the " optimistic " scenario, the fall in GDP can be 2, 4%, and inflation - eleven, 5%. As explained by the Deputy Minister of Finance, " We propose to focus on the more pessimistic, self-contained script. Ukraine is in a difficult political crisis that affects so not the best state of the economy and its budget. The national Bank of Ukraine did not exclude inflation to 19% in 2014. In addition, the lack of the capital budget of Ukraine has reached 3, UAH 2 billion (274 million). While the decline of Ukraine's GDP in the first six months of this year compared with the corresponding period of 2013 amounted to 3%. In the last month of summer, the former head of the national Bank of Ukraine Serhiy Arbuzov said that the banking system of Ukraine has already begun a technical default. According to the head of the National Bank of Ukraine Valeria Gontareva, since the beginning of this year, the devaluation of the Ukrainian hryvnia was 100%. For reviews of correspondents Voice of America, the Ukrainian economy is expected the grim future: assistance from international partners small investments decrease on the interior of the fall, and the reforms that are required to hold the current government, have the opportunity not bring the expected results.


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sections: Politics