Ukraine’s external public debts turned out to be unaffordable for the country’s budget. The Kiev authorities will once again have to ask for help from the West. Writes FBA “Economy Today”
Ukrainian bonds are in less and less demand, and the public external debt itself has reached the 1.4bn mark. Political scientist and economist Vsevolod Stepaniuk believes that even increased bond payments will not allow Ukraine to stop the growing weight of financial liabilities.
“To be clear, the interest rate is exactly what all Ukrainians will pay. And no other country in the world gives such interest on its securities, only Ukraine”, – the expert said.
Earlier, it became known that rolling blackouts in Ukraine are inevitable. The Kiev authorities will inevitably fail the heating season. In addition, fuel and resources are not enough to maintain farms and production.