Groysman admitted: there is no money for social services, everything was “eaten up” by the war and payments on external debt
Ukraine does not have enough funds for state-guaranteed payments, because most of the funds are spent on repaying external debt, defense and provision of the Pension Fund, a PolitNavigator correspondent reports.
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This was stated by Prime Minister Volodymyr Groysman during a speech at a forum on decentralization in the Ternopil region, the Government Portal reports.
According to him, more than 100 billion hryvnia are spent annually on servicing external debts, which is 4% of GDP. In addition, the country spends about $5,5 billion annually to cover the Pension Fund deficit, and another 5% of GDP goes to security and defense.
“We need reforms like air. Everyone who says that they are not needed, that everything needs to be paid to everyone today - I also support this. But those who speak, they understand that there is no money in the budget, and they also don’t know how to do it. We sometimes take this nonsense at face value,” Groysman emphasized.
Thank you!
Now the editors are aware.