Economist Anatoliy Amelin: "In the next 5 years, Ukraine must pay USD 40 billion of debts"

Economist Anatoliy Amelin: "In the next 5 years, Ukraine must pay USD 40 billion of debts"

How much money Ukraine should pay for external debt next year and how it will affect the economy - these quetions are commented in the program of the Ukrainian Radio "Today. Morning" by director of economic programs of the Ukrainian Institute for the Future Anatoliy Amelin.

"In the next 5 years, Ukraine has to pay 40 billion dollars of debt"
"From where to take money to pay ? From the budget. The budget is formed from taxes in hryvnia, and the debt should be paid in US dollars.

Accordingly, the Ministry of Finance will go out to the Interbank or address the NBU, which will use gold and foreign exchange reserves, for today they make just over $ 19 billion. In the next year, payments are planned to be just over $ 6 billion. But we have a dispute with Russia over so-called Yanukovych's debt, that amounts to another USD 3 billion. So USD 9 billion that may be paid next year can significantly reduce gold reserves of Ukraine.