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» » Poroshenko said the budget deficit of Ukraine could be effectively offset by inner variant of "greenback emission"

Poroshenko said the budget deficit of Ukraine could be effectively offset by inner variant of "greenback emission"

Author: Ayre от 17.03.2015, 10:06
(голосов: 1)

PoroshenkoMost countries at war cannot avoid huge budget gap, which is followed by the arrears of wages and pensions.

However, Ukraine managed to avoid it, because the National Bank covers the deficit spending of the government with emission - Poroshenko said to the TV channel 1 + 1.

However, he noted that "financial cushion" of Ukraine for reforms will be formed by more than $ 40 billion of loans from different countries.

"We have held talks, I personally negotiated with all the leaders of the world. For example, the US provides $ 2 billion in loan guarantees, the EU - 1.8 billion euros, but it is possible [to increase loan - Ed.] to 2.4 billion euros as a macro-financial assistance ",
- he said.

In addition, Head of State also called Canada, Japan, Switzerland and Sweden among the financial partners of Ukraine, as well as financial institutions such as the World Bank and the EBRD.

The President noted that it is very important now when Ukraine needs to meet its debt obligations.

Poroshenko also explained the reasons for the difficult economic situation in the country. According to him, Ukraine receives less and less currency, industrial potential is destroyed. Therefore, to ensure the balance of payments, it is necessary to strengthen the economics, attract investment, additional financial flows and so on.

The Head of State is convinced that the government and the National Bank must do everything possible to restore confidence in the banking system. According to him, they have now come to an effective dialogue, because the rate of withdrawal of deposits decreased.

In fact, the Ukrainian president openly admitted - the budget deficit and funds for payment of pensions and salaries could be offset by the issuing of unsecured hryvnia, which probably exacerbate inflation.

Source


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