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Ukraine to spend one third of budget to repay debts, - Prime Minister

According to Volodymyr Groysman, "Ukraine is a hostage today"
13:01, 2 October 2018

Government Portal

Prime Minister of Ukraine Volodymyr Groysman stated that Ukraine has to repay $15,2 million of debt. He said it on air of Svoboda Slova show on ICTV channel.

“Our budget for the next year will be $4,2 billion, $15,2 million of which we have to repay, it’s one-third of the budget,” Groysman said.

Related: Ukraine's GDP per capita to grow 1.5 times in five years according to IMF

According to him, in the IMF, it’s possible to “note” only once and never to erase: “So, Ukraine is a hostage today”.

“To continue cooperation with the IMF, Ukraine has to repay the debts gathered since 2006 till 2010,” Groysman added.

Related: IMF forces poverty upon Ukraine, - MP

Yet, he ensured that the IMF understands the situation and the gas price increase will bring “minimum losses”.

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