The size of Ukraine's public debt is almost 100% of the country's GDP, the inflation rate is already about 30% per year.
People's Deputy Alexander Dolzhenkov announced this from the rostrum of the Verkhovna Rada.
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“The current government in the draft budget for 2017 plans to stop social payments for military personnel, scientific and cultural workers, and make the possibility of these payments dependent on the decision of the Cabinet of Ministers - according to available financial resources.
The level of the state budget deficit is also significant - about 77 billion. hryvnia The government's policies actually lead to the country's default.
The size of public debt and guaranteed public debt is 2,2 trillion hryvnia. At the same time, the size of nominal GDP is 1,9 trillion hryvnia. We are actually in a default state, but no one is talking about it.
At the same time, the Budget Code states that the amount of public debt should not exceed 60% of GDP. Now it’s almost 100%,” Dolzhenkov said.