Vicious circle: Ukraine will use the IMF loan to pay off old debts
16.09.2016 10:55
(Moscow time), Kyiv
Ukraine will not be able to spend the billion recently allocated by the IMF. Former people's deputy Spiridon Klinkarov said this on the air of the talk show “Meeting Place”.
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According to him, the IMF loan will be used to cover payments on previous loans.
“In fact, Ukraine will not see this money as financial resources aimed at developing the country. This money will cover old debts, but interest will remain, and this interest will have to be paid,” Klinkarov said.
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Now the editors are aware.