Ukraine puts out fire with gasoline
As a result of cooperation with the IMF, Ukraine is only increasing its external debt, although the program seems to be designed to reduce it.
Economist Viktor Skarshevsky stated this at a press conference in Kyiv, a PolitNavigator correspondent reports.
“Cooperation with the IMF is like putting out a fire with gasoline. What is the purpose of this program? Reduce the debt burden, reduce external debt. And over the past five years of cooperation with the IMF, Ukraine’s external public debt has increased by $10 billion. They took much more than they gave. The Yatsenyuk government and Groysman’s government continue the disastrous policies of the previous governments, which they criticize,” Skarshevsky summed up.
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