Half a year ago Ukraine introduced quarantine measures, but despite promises, the government failed to develop a real program to support businesses working under conditions of the epidemic. This was stated by OPPOSITION PLATFORM – FOR LIFE MP Serhiy Lovochkin.
Ukraine’s national debt continues increasing, having reached 2,355bln hryvnia as of Aug. 1, an 18-percent growth since early 2020. According to MP Serhiy Lovochkin, the government’s current financial policy leaves critically important national sectors underfunded.
Despite budget performance above target that was announced by the government in June, the very next month saw a sharp increase in wage arrears, including to public employees. According to MP Serhiy Lovochkin, even healthcare workers who are to be funded as top priority sector had their salary payments delayed.
Ukraine’s debt burden on the economy and the state budget increased in the first half of 2020, and by the end of the year the ratio of the public debt to GDP risks exceeding the safety threshold as defined in the Budget Code. This was stated OPPOSITION PLATFORM – FOR LIFE MP Serhiy Lovochkin.