Media: loans Western Ukraine go to military needs or ends up in the pockets

The conflict in the South-East of Ukraine has set Kyiv on the brink of bankruptcy. The Ukrainian leadership is not able to pay the external debt of the state. The administration is forced to seek financial assistance from the IMF and Western countries, furthermore, a large part of this money goes to military spending or assigned, the journalist writes Contra Magazin Marco Mayer.
now financial debt of Ukraine exceeds $ 80 billion, while in 2013 it was estimated to be 76 billion dollars, the journalist writes. Under President Viktor Yanukovych in 2013, Russia has given Ukraine a loan of up to 2015 in the amount of $ 3 billion. This loan was accompanied by the "original" condition: the state debt of Ukraine may not exceed 60% of GDP. If this condition is violated, then Russia has the right to immediately demand that the government of Ukraine to return the money, reports RT. In this case, Ukraine should use the foreign exchange reserves of the Central Bank and loans from international monetary Fund (IMF). If this does not work, then other creditors also have the right to demand the return of the money is allocated. These are the rules of the agreements, says the Creator of the material Contra Magazin. At the same time, the war in the South-East of the state absorbs a huge amount. The performance of the Ukrainian economy plunged, And the debt limit has increased from 41% in 2013 to 70% in 2014. Now the country is on the verge of total bankruptcy and asks the IMF to allocate a large long-term loan. Mayer also recalls that in the beginning of last week after talks with Arseniy Yatseniuk German Chancellor Angela Merkel has provided Ukraine with a loan of 1, 8 billion euros. But for the fact that he gave her " a convincing plan of reforms, Ukraine has received an additional loan of five hundred million euros at the expense of German taxpayers. Despite the constant lack of money and the saving mode - 1 phase due to the social sphere - Yatsenyuk announced that the army of Ukraine is expected to increase to 250 thousand People, And the military budget of the state will be 4, 7 billion euros. According to Mayer, " daily war cost the Kiev 4, 5 million Euro." To this you should also add corruption and organized crime. For example, just in the past year from the budget of the Ministry of defense was stolen or wasted about 450 million euros, " says the Creator of Contra Magazin. As stated by the head of the IMF Christine Lagarde after negotiations with Petro Poroshenko in Davos, Kiev Administration demanded " a long-term agreement with the IMF and the transition To the extended credit facility ". But because the IMF and Western countries because private debt is unlikely to have a billionth assistance ruined Ukraine, then moved from the USA to Ukraine Natalie Jaresko, holding the post of Minister of Finance, currently trying to get assistance from private sponsors, such As George Soros. Remember, in the middle of January, the head of Ukraine Petro Poroshenko met with Soros to discuss international instruments and opportunities to increase economic aid to Ukraine. Before that Soros has supported the initiative to build a plan to help Ukraine by analogy with the organized U.S. after the Second world war, the Marshall plan ". George Soros is a 30-th place in the list obespecheniya citizens of the world, compiled an illustrated pedatum by Forbes. Its state (March 2013) is defined in 19, 2 billion dollars.


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sections: Politics