Ukraine is firmly ranked second in the world in terms of rise in price of consumer items, giving the first place Venezuela, said the former head of the National Bank of Ukraine Serhiy Arbuzov.
"Worst fears come true: Ukraine's economy entered a phase of runaway inflation. For April 2015 inflation was 14%, for the period from January of this year -37%, while in annual terms it reached 61%! Ukraine firmly saddled second in the world in terms of rise in price of consumer items, giving the first place... Venezuela (where inflation in March was 68, 5% in annual terms). But, it is Clear that the peak of inflation has not been passed, as it may increase the price of water and related services will be reflected only in June, so the chances to overtake Venezuela is very high, " he wrote on Facebook. May 7, the people's Deputy of the Verkhovna Rada from the "Opposition bloc" Natalia Korolevska said that inflation in Ukraine in the period from April 2014 to April 2015 broke the record of 20 years ago. Ukraine is now in fact remains on the brink of default. From the report of the international monetary Fund that second banks of Ukraine for the risk of loan defaults after Nigeria. The total debt of Ukraine is defined in $ 50 billion, in 2014 it amounted to 71% of GDP, and in 2015, according to forecasts of the national Bank of Ukraine, will reach 93% of GDP. On 27 April, the head of the National Bank of Ukraine Valeria Gontareva has recognized that the economy of her country had reached the bottom. At the same time the Minister of Finance of Ukraine Natalie Jaresko said that Kyiv is expected in may to obtain the consent of creditors for the restructuring of the external debt to the IMF mission's visit.
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