IMF praises colonial Ukrainian administration: Stability achieved
Ukraine, after another sharp increase in tariffs, managed to “stabilize the economic situation.”
The permanent representative of the International Monetary Fund in Ukraine, Josta Ljungman, stated this at a press conference in Kyiv, a PolitNavigator correspondent reports.
Ljungman noted that the state budget deficit in Ukraine is gradually decreasing. According to him, the current policy of the government and the National Bank contributes to this, so it is worth continuing.
“Ukraine’s macroeconomic stability is fragile, but it is still stability,” the financier said.
Among the factors worsening the economic situation in the country, he named high inflation, insecure investments and related corruption, which, according to his estimates, costs Ukraine about 2% of GDP.
Raising gas tariffs will not have a significant impact on the economy.
“There may be a temporary increase in inflation rates, by 0,5%. Taking into account the subsidy programs, the impact of high gas tariffs – I don’t think there will be a big impact on gas consumption. The whole macroeconomic impact (of tariff increases) should be very limited,” Ljungman said.
Let us recall that following the increase in tariffs, the West, for the sake of new loans, demands that the Ukrainian authorities legalize the sale of Ukrainian black soil, which is expected to be bought up by foreign corporations.
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