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country therefore needs investment to receive more budget revenue to service its debts, and for its economy to grow, he said. "In order to service our debts and ensure growth of our economy, we need investment to receive more revenue to our budgets. On the other hand, we should manage our public debt well, service it, fulfilling our obligations, and here we need external support, because we have to pay $27bn over the next four years. It's a huge amount of money." Groysman said.
Main risks identified by the NBU. Ukraine remains extremely vulnerable to external shocks because of a significant debt burden on the public sector in the medium term. But, as reported by UNIAN, the main systemic risks to the country which the NBU sees are a halt in IMF assistance, because Ukraine must repay $49.7bn of debt between 2018 to 2022; the forthcoming pre-election campaign, and a possible large-scale global trade war.
42 UKRAINE Country Report June 2018 www.intellinews.com
