• Українською
  • Government intends to get rid of borrowed loans which became financial shackles, claims Prime Minister
    Information and Communication Department of the Secretariat of the CMU, posted 22 August 2018 11:49

    Money borrowed by the state in the period from 2005 to 2013  make up tens of billions of dollars, and now they have become "financial chains", from which the incumbent Government is getting rid of. Prime Minister of Ukraine Volodymyr Groysman said this, commenting on the need to adopt a Medium-Term Strategy for State Debt Management for the period of 2018-2020. There has been a broad discussion of the document at the Government session.

    "Ukraine borrowed a great sum of money, and now  it has become" financial shackles". The problem of this debt must be solved systematically. Today we can all say: in the period from 2005 to 2013, nothing has been drastically changed in the country -  new roads, hospitals or schools have not been built. I have a question where are these borrowings?", the Prime Minister claimed.

    The Head of Government cited statistics according to which Ukraine’s public debt grew from $12.5 billion to $60 billion over the period from 2005 to 2013. According to the Prime Minister, such a loan amount enables the citizens to live a  prosperous year and a half.

    "All these debts fell on the shoulders of Ukrainian citizens and economy. Sufficient financial resources were borrowed, however I do not know  on what these resources were spent? During this period, changes  have not been made in any sectors. What has been done, what can we be proud of? People see everything, thus we need to tell them the truth, but not to shy away from the answer",Volodymyr Groysman added.

    Government intends to get rid of  borrowed loans which became financial shackles, claims Prime Minister