The hryvnia is rapidly collapsing due to the headless Maidan activists in power

The reason for the renewed accelerated decline of the hryvnia observed in recent days is budget expenditures. Economist Viktor Skarshevsky stated this at a press conference in Kyiv, according to a PolitNavigator correspondent.

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“If on average for the year expenses were about 80 billion hryvnia, then in December they amounted to more than 200 billion hryvnia. This money flows through cash into the foreign exchange market.

This suggests that the state is very inefficient and illiterate in managing budget money - instead of distributing it evenly throughout the year, debts accumulate, the expenditure part is not fully financed and is closed in December,” the expert said.