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GISMETEO.RU
UJ Week
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Business    

Government bond issue poses budget risks, says banking group head
Journal Staff Report

KIEV, Sept. 21 – The issue of government domestic loan bonds denominated in foreign currency would increase the risks for Ukraine's national budget, according to Oleksandr Suhoniako, president of the Association of Ukrainian Banks.

"Earlier [before the 2008 crisis] currency risks in foreign currency crediting were pinned on the public. Risks are also pinned on the government. And who is the government? It is the taxpayers," he said.




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