IMF loans should be directed to recycling - Vitaly Skotsyk
26.08.2016
IMF loans should be directed to recycling - Vitaly Skotsyk
IMF loans should be directed to the development of the processing industry. It will use the loan funds for the benefit of the country and ensure the return of such loans in the future.
This was stated by chairman of the Agrarian Party of Ukraine Vitaliy Skotsyk commenting delay of granting Ukraine the next tranche of the IMF.
"The main reason for this decision is the understanding that Ukraine has no capacity to timely and quickly return loans. IMF - is not charity, but because closely watching how the use of credits. Given this, the government should introduce a strategy of how it is going to adjust production to be able to return these loans, "- said Vitaly Skotsyk.
Economist cited the example of developed countries.
"The US, Germany, China - a country that most have not debt. But they continue to provide international loans, because everyone understands that these countries will be able to repay the money. In Ukraine, all economic policy sharpened on how to squeeze more taxes from businesses to repay the loan and get a new one. However, almost nothing is being done to expand the tax base, an increase of economically active enterprises ", - said Vitaly Skotsyk.
Chairman of the Agrarian Party of Ukraine expressed the opinion that if the clever use of IMF credit can be doubled to increase the country's GDP and create over two million jobs.
"This can be realized if say, the money went to the cheap credit allocation at under 5.10% per annum for programs funding priority areas. For example, such as storage and processing of agricultural products, then in 2-3 years we could earn much more in the export of finished products. Approximately could be doubled to increase Ukrainian GDP. Create over 2.5 million jobs. Ensure that the average salary in agriculture and related fields at 30 thousand hryvnia per month. The IMF will give money if see step strategy development. While he sees only attempt to patch budget holes. A country without a strategy, as the company without a business plan or a person with no income, do not give credit, "- concluded Vitaly Skotsyk.
Related news:
31.10.2017
Vitaliy Skotsyk: "The main investor of Ukraine is labor workers, but this is a distorted economic model" Vitaly Skotsyk: "To leave for U...
31.08.2017
After all, without a song, there is no life! And what song without a harmony ?! The sonorous voice of a harmonica always called people o...
24.04.2017
Farmers and agricultural producers that are working in extremely difficult conditions in the area of ??ATO, suffer not only from military...
Comments:
Comments have not yet beenAdd a comment: