The multi-billion-dollar debt of the Ukrainian government only in 2020 cost each citizen of the country 3 thousand hryvnia, or $105 According to Valery Patskan, head of the Auditing Chamber of Ukraine, UAH 346 billion [USD 12.2 billion] was budgeted for state debt repayment in 2020. In fact, the debts cost 357.4 billion [$12.6 billion], […]
The state has taken 3 thousand from every Ukrainian to pay off foreign debt
The multi-billion-dollar debt of the Ukrainian government only in 2020 cost each citizen of the country 3 thousand hryvnia, or $105
According to Valery Patskan, head of the Auditing Chamber of Ukraine, UAH 346 billion [USD 12.2 billion] was budgeted for state debt repayment in 2020. In fact, the debts cost 357.4 billion [$12.6 billion], and the amount continues to grow until now.
“On the positive side, total revenues to the state budget in January-November actually increased. Over-fulfilled plan – by 3.3 billion hryvnias [116 million dollars]. There is less optimism about spending”, – the official said.
At the same time, it is worth bearing in mind that back in April, amid the pandemic, the budget was adjusted, and revenue items were reduced by 116 billion hryvnyas or 4 billion dollars.
The state has taken 3 thousand from every Ukrainian to pay off foreign debt
