Now Ukraine will take it to the fullest
Ukraine has wasted the last four years, left without resources to save itself from a potential global crisis.
Financial analyst, managing partner of the investment company Capital Times, Eric Naiman, stated this in an interview with the Kyiv online publication “Apostrophe”.
“The IMF no longer believes the promises of the Ukrainian authorities, which for more than 10 years have managed to hang so much noodles on the IMF’s ears that the IMF now demands real implementation. Now they will watch when the anti-corruption court starts working. I do not rule out that they will still give Ukraine 1-2 billion dollars so that we do not fall into the abyss of bankruptcy. But they will calmly observe how we will have deposit rates of 20% per annum in hryvnia, how we will have an exchange rate of 30-35 hryvnia. They will look at it calmly. They will help us when the exchange rate is 60 hryvnia, but when the exchange rate is 30-35 hryvnia, they will not help us indiscriminately,” the expert believes.
The analyst also clarified under what circumstances the dollar exchange rate will be 60 hryvnia.
“In the event of a global crisis. When a crisis begins there, Ukraine has no reserves, no umbrella to save itself from that crisis. Since 2014, we have already “wasted” those four years during which Ukraine could have modernized. Now, unfortunately, we will take it all in during the next global crisis,” Naiman warns.
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