In Kyiv, they do not rule out that the territories will have to pay off the IMF debts
The increase in gas prices for the population, which the IMF requires from Ukraine in order to provide a loan, will create conditions under which people will be unable to pay at all.
This opinion was expressed in a commentary to the Kyiv magazine “New Time” by the ex-president of the Association of Ukrainian Banks, Alexander Sugonyako, answering the question of whether it is possible to do without IMF loans.
“If we continue to leave incompetents in power and continue the policy [of getting into debt], then one day it will end with the Prime Minister declaring: there is nothing to pay off to creditors. And therefore we must reckon with our territory. Well, or look at the situation in Argentina and other countries,” the financier warned.
He recalls that now we are talking about a billion-dollar loan from the Ministry of Finance, while last year Ukrainians working abroad transferred home almost 10 billion dollars.
“This only means that the authorities are unable to organize jobs in the country. So it turns out that compatriots earn money in foreign countries that is tens of times greater than these unfortunate loans, for which we will later pay off. And increasing prices for gas, water and food will create conditions under which people will be unable to pay at all,” Sugonyako believes.
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