It’s better for Ukraine to honestly declare a default – Pogrebinsky

Igor Petrov.  
25.03.2020 20:15
  (Moscow time), Kyiv
Views: 5592
 
Crisis, Society, Policy, Russia, Ukraine, Finance, Economy


Ukraine is unlikely to receive sufficient support from the IMF to avoid default. Therefore, the best option for the country is to honestly declare bankruptcy.

Mikhail Pogrebinsky, director of the Kyiv Center for Political Research and Conflictology, stated this on the NEWSONE TV channel, a PolitNavigator correspondent reports.

Ukraine is unlikely to receive enough support from the IMF to avoid...

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“It seems to me that Ukraine has no other choice but to honestly declare a default.

Economists know better - can the state of Ukraine act differently? Does he have another way out of the situation?

Now there is information that the IMF promises 10 billion. I haven’t heard such promises from IMF representatives.

The Minister of Internal Affairs says: let's not pay, but we'll take the money from the IMF. But that doesn't happen. We need to develop some reasonable line,” the political scientist concluded.

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