Opinion: After the elections we can expect the devaluation of the hryvnia

After the presidential elections can be expected devaluation of the hryvnia. This today during a press conference of the independent expert Boris Kushniruk.

“Regardless of who comes to power … we expect the fall of the hryvnia. Here, if come to power the Party of Regions, then such a development will be enhanced, because their business is focused on export - is metallurgy, chemistry …” — B. Kushniruk said.

According to him, enterprises of these branches will be interested in the devaluation of the hryvnia to get more profit. “Business-oriented exports, will be interested in the devaluation of the hryvnia” - sure B. Kushniruk.

expert recalled that the International Monetary Fund has not yet provided loans for Ukraine, the government reserves have been exhausted, and it no longer has the ability to meet its obligations. “There is no other way to fulfill government commitments, as to include the printing press”, - considers B. Kushniruk. In addition, the government has external obligations, including obligations to pay for the purchased gas, as well as internal - implementation of social safeguards, in particular pensions.

B. Kushniruk also noted that early parliamentary elections in the best case will take place in Ukraine in the summer or autumn of 2010, and until then will continue the political struggle in the country. In addition, there would be no need economic reform. According to him, Western experts have predicted a second wave of crisis in the countries of Western Europe.

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