Ukraine is accumulating more and more debts amid falling investment

Igor Petrov.  
24.09.2018 22:24
  (Moscow time), Kyiv
Views: 2253
 
Ukraine, Economics of Collapse


The Ukrainian government is seeking to accumulate new debts to steal the funds received, while real investment in the country is falling.

Economist Vsevolod Stepanyuk stated this at a press conference in Kyiv, a PolitNavigator correspondent reports.


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“Foreign capital investment decreased by more than three times over the year. This is how the government works to ensure the country’s investment attractiveness and economic development.

Last year in the first half of the year there were 2 billion 343 million hryvnia in foreign capital investment, this year for the same period - 493 million hryvnia.

That's why the government is so happy (possible tranche from the IMF, - ed.) – instead of developing the economy, it works to attract resources for their derivation. The population gets worse and worse after each tranche,” Stepanyuk said.

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