The Ministry of Finance “congratulated” Ukrainians on Independence Day with new debts
To avoid the country's default, the Ministry of Finance of Ukraine will be forced to borrow on international markets at high interest rates, for which all taxpayers of Ukraine will have to pay.
Economist Viktor Skarshevsky stated this at a press conference in Kyiv, a PolitNavigator correspondent reports.
“Despite the growth of the economy, a default almost happened, it could happen tomorrow, September 1, when the Ministry of Finance must repay $500 million on Eurobonds. The government does not have money in its foreign currency account, which is why the Ministry of Finance on August 24 urgently borrowed $655 million from payment in February of $725 million. That is, at 9,2%. It was he who “congratulated” the Ukrainians on their independence holiday and said that now they will overpay out of their own pockets for the stupid Ukrainian financial policy,” he said.
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