Ukraine has predicted the imminent default

The default Ukraine predicted by the international experts of the rating Agency Moody's Investors Service, which conducted the analysis of the situation in the state.

According to the data that they presented, one of the key internal risks for Ukraine is the uncertainty of inflows of external financing due to the quite low level of cash reserves of power.

In this regard, experts believe that the country will soon be a default on government bonds. Professionals explained that Kiev can fetch only the next tranche of the International Monetary Fund(IMF), however the monetary funds in the amount of 2.4 billion $ will go to the state budget not earlier, because the next revision of the programme is not yet complete.

Meanwhile, the government of Ukraine in 2015 need to pay about $ 10 billion of external debt. From this we can conclude that lending program, which is ready to provide the IMF or the European Union will not be able to completely solve the situation in the country. In this regard, the risk of default on external and internal liabilities are very high.

With all this, experts believe that at least a significant factor, which escalates the situation is the low level of development of municipal institutions. Experts have repeatedly reported that despite the payment of the IMF, Ukraine does not tear conduct financial, social and other reforms, which also negatively affects the economy.

Another point, which has a negative effect on the economic situation of Ukraine, is considered a significant share of public debt obligations in foreign hard currency, and a large proportion of the anticipated duties, and, in particular, Naftogaz. With all this economic state of Ukraine also worsened sudden financial setback and devaluation of the hryvnia, which happened in 2014.

Remember that Days.Ru wrote about the fact that the experts of the International monetary Fund (IMF) believe that in order to solve the financial difficulties and crisis in Ukraine, the country needs to highlight sub 15 billion $, because previously provided 17 billion has not helped to stabilize the financial situation in the country. In addition to the IMF emphasize: if the hole in the Ukrainian budget will not be completed for several weeks, the country to avoid a monetary disaster.

With all of this, the IMF has already confirmed the granting Ukraine 17 billion, of which $ 3.2 billion was issued in early may, $ 1.4 billion in September. The European Union, Ukraine has asked for 2 billion euros, of which 100 million were listed at the beginning of may, 500 million in early June. However these means the country is not enough, in order to stabilize the situation. With all of this municipal borrowing in 2015 planned 293,84 billion UAH ( 18,7 billion dollars), including external - 180,97 billion UAH 11.5 billion dollars).

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