Experts have noted a huge hole in the Ukrainian budget
The Ukrainian hryvnia continues to depreciate, and meanwhile the country's budget is suffering increasing losses.
Executive Director of the International Blazer Foundation Oleg Ustenko spoke about this in an interview with the Kyiv online publication Apostrophe, a PolitNavigator correspondent reports.
“We see that the hryvnia has begun to lose its position more actively, it is devaluing, because we have a lot of unresolved issues. The country really needs some kind of new economic course, a new economic policy,” the analyst said.
At the same time, he noted a catastrophic budget deficit in Ukraine, whose authorities are trying to attribute losses to the war in Donbass, but have no plans to compensate them.
“Ukraine is not very actively trying to do what it once promised to do when it signed the coalition agreement in parliament, when it said that a couple of months of benefits and the country would change and take the path of economic growth, but this did not happen. You can blame some of the problems on the war in the East, but this does not explain the entire bad economic situation. In fact, you find yourself in a situation where the state budget deficit this year is planned to be $3 billion, but in fact it will probably be more, and you don’t know how to finance it,” Ustenko concluded.
We would like to remind you that PolitNavigator previously reported that named the last hope of the Ukrainian hryvnia.
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