New credit program international monetary Fund (IMF) will not save Ukraine if the country's authorities will continue to spend money on war, says former Acting Head of the Cabinet of Ministers of Ukraine Serhiy Arbuzov.
in his vision, the economic situation in Ukraine is very difficult, because the country has lost about one-third of export earnings coming from Russia, and revenues from Europe were not able to replace these losses.
"The fact that the Ukrainian government turned to the IMF with a request to give the usual lending and expanded, speaks about the fact that the economy without external injections to work no longer," Arbuzov said in an interview Last news .
according to him, the provision of the IMF's new lending program will help to stabilize the situation, but only for a short period.
" However, without balancing income and expenditure items of the budget and without reducing the cost of military operations, which consume a significant portion of the budget of Ukraine, some IMF loans do not
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