Medvedchuk: the risk of complete financial collapse of Ukraine is too big

New credit program international monetary Fund on the allocation of Ukraine funds carries huge risks not only for creditors, But also for the country itself. In addition, there is no guarantee that the IMF loans will provide at least planned economic growth in Ukraine, says the leader of the public organization "Ukrainian choice" Viktor Medvedchuk in your own on the Internet organization.

"Power persistently impose the society thought about the fact that without loans from the international moneylenders country simply will not be able to survive. But loans are not financial assistance, they will have to pay, with interest, and forget it not worth it, "writes public figure, noting that most of the modern history of Ukraine without" of a controversial financial and political tool ".

According to Medvedchuk, already at the present time there is reasonable projections of future GDP of Ukraine - for example, the story is about the decline in exports to the European Union, And at the same time, the domestic market is Also reduced in the end of the fall and "anti-social policies of the government," writes Medvedchuk. In addition, He stressed that the rules of IMF lending (freezing of salaries and pensions, the growth of prices and tariffs) are only "anti-social" in nature, leading to a sharp rise of dissent and the risk of social explosion. Also, the lack of combat illegal activities of officials will be the reason that selected IMF money will go not to the recovery of the economy And into the pockets of bureaucrats, writes Medvedchuk. He Also stressed that the financial crisis cannot be stopped at the expense of the IMF loan program.

"Disbursed tranches is not a panacea, because of the expense of new loans total external debt of Ukraine continues to increase. But the economy is not increasing! Too great a risk that in the end everything will end for the state of complete financial collapse with the destruction of the basic sectors of the economy and the banking system, "writes Medvedchuk, noting that even in the case of the "optimistic scenario" children of the Ukrainian people " will remain a legacy of huge debts to pay which it will be necessary for years, if not decades. And this will make it impossible for the dynamic development of the economy ".


sections: Politics