Date: 9 months ago   Category: Politics

National debt of Ukraine: Groysman has told about "difficult decisions"


Due to the high external debt Ukraine will have to make "difficult decisions" for the purpose of maintaining stability. As transfers Newsmir.info, it during today's address to deputies of the Verkhovna Rada was declared by the head of the Cabinet of Ministers Vladimir Groysman. "Before us there will be different calls, acceptance of tough decisions. These difficult decisions are provoked by the fact that we have a huge debt to the third countries and international financial institutions... These are 1,3 trillion hryvnias", - Groysman has said.

at the same time it has added that debts have collected during the period from 2005 to 2013 when Ukraine has borrowed nearly 50 billion dollars. Now, according to the prime minister, the debt burden is a factor of control of development of economy and doesn't allow to raise social standards in Ukraine.

"We have to spend one defensive budget of Ukraine for only one service of these debts annually. We need to get rid in the medium term of external debts", - Groysman has added.

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