The World Bank reminded Ukraine of the debt

18 February 2018, 23:21 | Economy
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When planning the attraction of funds, it is also necessary to plan future payments for borrowing, stretching these payments in time. Such an opinion on Sunday, February 18, in an interview with ZN. UA was voiced by the vice-president of the World Bank Cyril Muller.

At the same time, he recalled that Ukraine must pay its debt obligations, and otherwise it will lose the opportunity to attract new loans in foreign markets. When debts are given, this is a good signal for creditors and an opportunity to get new financing. But, attracting new loans, one must be very cautious. And, of course, we must carefully approach the amounts of borrowing. There is no need to accumulate debts, because in the future part of the state's revenues will be spent on their payments, therefore it is necessary to borrow, realizing that the growth of the state debt is no less risk than the refusal to service debts,.



At the same time, Muller also expressed his confidence that Ukraine will be able to pay its debts both in this and in subsequent years. However, he believes that the Ukrainian authorities should change their approaches to debt policy, planning not only raising funds, but also future payments on borrowing, stretching these payments in time.

Recall, as reported URA-Inform, recently the World Bank Director for Ukraine, Belarus and Moldova Satu Kakhkonen said that the critical issue for the organization's cooperation with Ukraine is the creation of the Anti-Corruption Court.




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