Date: 2 weeks ago   Category: Winter

Tymoshenko told about decline of the Ukrainian economy


The party leader Batkivshchyna Yulia Tymoshenko told about the worsening economic situation in Ukraine on air of ICTV TV channel which is published on YouTube. According to Timoshenko, the budget of the country ceased to gain the planned tax revenues and is replenished with generally printing issue money. "It disappears. And it means that the economy stagnates and falls" — she said. In addition the politician reminded of debt to the World Currency Fund (WCF) which part Ukraine has to extinguish in September. She noted that amount of debt is two billion dollars (more than 50 billion hryvnias). The new program of cooperation between Ukraine and the IMF within the stand-by mechanism is approved in December of last year and calculated for 14 months. Its volume is about 3.9 billion dollars. From these means about 1.4 billion dollars are provided at once, the others will be allocated following the results of semi-annual revisions of the program in 2019. What occurs in Russia and in the world? We explain on our YouTube channel. Subscribe!

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