This is the European way: Ukraine will accumulate new billions of debts in 2018 and eat them up

Igor Petrov.  
03.10.2017 13:30
  (Moscow time), Kyiv
Views: 3937
 
Ukraine, Economics of Collapse


Ukraine's 2018 state budget is a budget for squandering money that will be borrowed again. Viktor Bondar stated this from the podium of the Verkhovna Rada of Ukraine, as reported by a PolitNavigator correspondent.

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“The project is unsystematic, illogical, it’s just a project for government agencies to waste money. This is a project to pay salaries and social benefits through the budget. There is not a single goal - what we want to change. But there the Ukrainians are again accruing debt. UAH 350 billion will be borrowed again, the total amount of debt at the end of the year will be UAH 2,7 trillion.

Who will return this money and when? If you attract UAH 350 billion, where will you allocate it? Back to eating? It is pointless.

We didn't see anything related to industry in the budget. Direct at least 250 billion to support industry and energy conservation. This will give results. Put the money toward real social programs.

Unfortunately, this budget has nothing to do with the reforms that are being declared to us today. These are not reforms, these are imitation of reforms,” the deputy said.

English version :: Read in English This is European: Ukraine will take on billions in new debt in 2018 and eat it up.






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