Poroshenko: Ukraine’s economy makes it possible to refrain from taking loans

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Open source

Ukrainian economy makes it possible not to take loans, but the country’s authorities have to attract them to make the peak payments on old debts, Podrobnosti.ua reported, citing Ukrainian President Petro Poroshenko.

The Head of State stressed that Ukraine will soon be able to rely on its own economy strength and switch to investment instead of loans.

«Instead of loans, to attract investments. The lion’s share of loans goes to pay off previous debts, but not to eat away. We are developing now through investments,» Poroshenko said, speaking at the Regional Development Council in Kyiv on Monday..

«Although we have restored economic growth, but it is not enough for people from all Oblasts and social strata to feel it; so that we stop being one of the poorest country in Europe,» the president summed up.

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