Categories: economy

Groisman announced the amount that Ukraine spends annually on debt service

The Prime Minister explained how the government is going to rectify the situation.

Ukraine spends annually on debt service 4% of GDP, which is more than 100 billion UAH. This was stated by Prime Minister Vladimir Groisman at a forum on decentralization in the Ternopil region.

“We are 4% of GDP spend on to service their foreign debt is more than 100 billion annually,” he said.

According to him, about 5.5 billion. Ukraine annually consumes from the budget to cover the deficit of the Pension Fund, 5% of GDP on security and defence.

“The reforms we need as air. Everyone who says they don’t need need all all to pay today, – I also support it. But those who say they do understand that in the budget there is no money, and how to do it, they do not know. This nonsense we sometimes take for granted,” said the Prime Minister.

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