Former Minister of Economy of Ukraine: We do not have any prospects
The deepening of the political crisis in Ukraine is inevitable given the current economic policy. Viktor Suslov, ex-Minister of Economy, stated this at a press conference in Kyiv.
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According to him, at the end of last year the excess of imports over exports amounted to 6 billion 793 million dollars.
“We are losing exports. Last year it decreased again. Therefore, our GDP cannot grow, our economy cannot improve, we do not have any prospects.
These indicators indicate that we we can balance the balance of payments only through external borrowing. That's why we need these tranches so much. But this is a delay, we are gaining time, but we are not reforming anything.
All these gestures “let’s raise the retirement age or again we will raise prices for utilities, tariffs“When the population is already insolvent, all this is a dead end. Deepening political crisis inevitable with such a policy", says the former minister.
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