For the sake of loans, Ukraine agreed to destroy industrial production
The Kyiv authorities, in their pursuit of loans to pay off debts, are ready for all conditions that are extremely unfavorable for the Ukrainian economy.
Deputy Viktor Bondar stated this during a meeting of the Verkhovna Rada, a PolitNavigator correspondent reports.
“In its pursuit of loans, our government has recently been ready to fulfill any demands of creditors, which leads to the destruction of our industry. As a result, a problem with labor migration may soon arise, because if there are no jobs, all young people will leave the country en masse. This indicates that there is no economic basis for increasing wages and pensions so that the country has an investment attractiveness,” the deputy noted.
Bondar emphasized that the government must reconsider economic policy and adopt a new plan for the industrialization of the country.
“Look at what has happened to the industry over the last year. The constant change in fiscal policy led to hundreds of searches across all enterprises. In the energy industry, gas tariffs have increased almost 2,1 times over the past four years, and electricity tariffs - 2,4 times. If we compare this with EU countries, then our industrial tariffs are higher than in Germany, Belgium, Lithuania, Romania, USA, France, etc.
What kind of competitiveness can we talk about if such tariffs are established in relation to industry? Look at the discount rate of the National Bank: 17%, look at the credit loans that the state makes today: 18%. Cheap loans for industry cannot exist with such loans,” he notes.
Ukraine agreed to the destruction of industrial production for the sake of loans.