Yatseniuk notes reduction in Ukraine's foreign debt to $68 bln

15:48, 27.07.2015 1 min read

Ukraine's foreign debt has declined to $68 billion, Prime Minister Arseniy Yatseniuk has said.

"Our opponents criticize us that we take loans. And here they need to be friends with arithmetic: if it was $73 billion and now it is $68 billion, it means "minus" $5 billion. Over the last 15 months we have reduced the external debt of the state," Yatseniuk said during a Finance Ministry meeting.

According to him, IMF loans issued to help Ukraine "are used to solve financial problems so that Ukraine would not repeat the "Greek" scenario."

At the same time, Yatseniuk added this relates to budget and fiscal stabilization, while economic growth in the country is possible at the expense of other means - the World Bank and other financial institutions that have provided $1 billion for economic development for 30 years at 1.5%.