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Ukraine's foreign currency reserves have increased to the highest level in 7 years, despite having to repay foreign debts in 2019. Part of this are those pesky domestic bonds that some of you seem to misunderstand how they work. People sell dollars to buy hyrvna when they buy these bonds. It brings down Ukraines financing costs and adds cash to their reserves. The only people this is bad for are those who want Ukraine to fail, such as opposition politicians and Russians. The good news is that this has stopped the appreciation of the currency and allows Ukraine to maintain price competitiveness on exports. Which btw, Ukraine is the 3rd largest foods importer to the EU now after the US and Canada. Oh and exports to the EU hit a record high for the 3rd year in a row. Tell us more about how the nation is failing.
PPP sort of accomplishes that, but the real indicator you are looking for is called "real wage growth". That's up 10% in Ukraine for the year. Nominal wage growth averaged 19% which doesn't account for the 9% inflation for the period.
*********r averages. If you have a room with 10 8 year olds 3 ft tall playing against 2 NBA basket ball players 7 ft tall the average height is going to be 3.66. Going by averages you think everybody has a fair chance to win the game.
You aren't bullchitting anyone DKM. The vast majority of Ukrainian citizens are living on the edge of if not in abject poverty.
Part of this are those pesky domestic bonds that some of you seem to misunderstand how they work. People sell dollars to buy hyrvna when they buy these bonds. It brings down Ukraines financing costs and adds cash to their reserves. The only people this is bad for are those who want Ukraine to fail, such as opposition politicians and Russians. The good news is that this has stopped the appreciation of the currency and allows Ukraine to maintain price competitiveness on exports.
Sure, stick with your wodoo explanations, but I prefer to see it as Ukrainians see it on the news - the pyramid or ponzi schemes.
Quote:
Which btw, Ukraine is the 3rd largest foods importer to the EU now after the US and Canada. Oh and exports to the EU hit a record high for the 3rd year in a row. Tell us more about how the nation is failing.
I don't care about all the nationalist retards, but there are a lot of innocent people caught in this situation in Ukraine, in all these lies, and I am concerned for them.
That would explain why Russia has double the gdp per person of Ukraine, but their wages are nearly identical. Because state run corruption still sucks up the resources in Russia.
Ukraine haters are going to have a hard time with reality in 2020.
That would explain why Russia has double the gdp per person of Ukraine, but their wages are nearly identical. Because state run corruption still sucks up the resources in Russia.
Ukraine haters are going to have a hard time with reality in 2020.
Still relying on old data erasure. Good for you googling my stuff though. Just try to find more current data, but you won't because it makes your blood boil to see Ukraine growing while Russia wants to hold it down.
Still relying on old data erasure. Good for you googling my stuff though. Just try to find more current data, but you won't because it makes your blood boil to see Ukraine growing while Russia wants to hold it down.
Of course I google your stuff to see the bigger picture, the comparisons where Ukraine was before and after the coup d'etat of 2014.
Without it all your la-la is meaningless.
You mean Ukraine before Russia attacked and carved off some parts? That country is gone, a new one replaced it and its much better.
Medvedchuk said about the rapid growth of the debt of Ukrainians for gas and heating
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KIEV, January 6. /TASS/. The debts of Ukrainian citizens for utilities, primarily natural gas and heating, is rapidly growing due to prohibitive tariffs. This was stated by the head of the political Council of the party "Opposition platform For life" Viktor Medvedchuk, citing the State statistics service.
"According to the State statistics service, the total debt of the population for public service (ZHKH) in November 2019, compared with October increased by 8 billion UAH ($338 million) to 60.1 billion ($2.54 billion), that is, slightly more than 15%. And it's for one month," - said the politician. He stressed that in fact, on average the population pays less than 50% of the total amount of utility bills.
"These data indicate that the current government inherited from the regime of [Ukrainian President Petro] Poroshenko tariff policy of genocide stops working. People who are forced to choose between buying food, medicines and payment of utility services, choose buy food and medicines", - said Medvedchuk. He stressed that the government in Ukraine does nothing to reduce tariffs. The consent of the local authorities in 20 cities of the country to reduce gas prices by 30%, as previously stated by Prime Minister Alexey Goncharuk - a minor figure in Ukraine.
"While the government has demonstrated its complete impotence in economic and social spheres. The team, recruited from kindergarten, it is necessary to change immediately," - said the politician.
At the end of December the President of Ukraine Vladimir Zelensky criticized the government for the current high tariffs for utilities. He recalled that the Cabinet of Ministers was instructed to develop "a mechanism that would ensure equitable tariffs". He also stressed that "can not be a receipt for communal services for people sentence, when the consumer pays 70% of his salary" for utility services.
Medvedchuk, really? The guy who probably stole the most money by gas subsidies wants gas subsidies back. Who knew? No conflict of interest there.
You want to know why private debts are actually increasing? It's because people are making more money and buying cars and homes. All of which are increasing in sales year over year. Too bad, so sad for Putin. The 20th century is over. You don't have to heat your apartment to 80 degrees in January.
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