PM Groysman: Foreign debts impede raising social standards in Ukraine

PM Groysman: Foreign debts impede raising social standards in Ukraine

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Ukrinform
Prime Minister of Ukraine Volodymyr Groysman has stated that the foreign debts accumulated for 2005-2013 impede raising social standards in Ukraine now.

He said this at a meeting of the Verkhovna Rada Committee on Economic Policy, an Ukrinform correspondent reports.

"In 2005-2013, Ukraine accumulated almost $50 billion in foreign debts. This year we have to spend UAH 130 billion to service these debts. In the next five years, we have to pay $33 billion dollars without servicing. These are serious resources, which put a strain on the Ukrainian economy, the Ukrainian budget and hinder us from raising social standards," Groysman said.

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