Kiev admitted that Ukraine is doomed to default

Maxim Karpenko.  
13.09.2018 10:24
  (Moscow time), Kyiv
Views: 5447
 
Story of the day, Ukraine, Finance, Economics of Collapse


The Ukrainian national debt already amounts to more than 80% of GDP, and in the opposition camp we are increasingly hearing talk that the next government will refuse to repay the loans accrued by its predecessors.

Political scientist Ruslan Bortnik stated this on the UkrLife Internet channel, a PolitNavigator correspondent reports.

The Ukrainian national debt already amounts to more than 80% of GDP and in the opposition camp it is increasingly...

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According to the expert, the volume of debt obligations that Ukraine has is no longer possible to return.

“Many politicians talk about this, especially in the blue and white camp, that we didn’t take it, we won’t give it back. But we will still be bankrupt. Default is inevitable in the current trend. The debt burden that Ukraine has today cannot be returned by the most ideal government. 80% of GDP, according to various estimates, from 71 to more than 100 billion dollars of external and internal debts associated with the state, they cannot be repaid and no one will repay them,” Bortnik is convinced.

Ранее "Reedus" reported that the IMF was curtailing its support for Ukraine and Kyiv would have to look for alternative sources to service its debt.

In addition, “PolitNavigator” wrote that Ukraine is able to live without another tranche IMF, and the authorities’ statements about the risk of default if Ukraine does not receive it are a lie.

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