Volodin: without the help of the US and the EU, Ukraine will turn into a bankrupt country

The deficit of the Ukrainian economy every month is about five billion dollars, Kyiv is unable to fulfill its obligations to citizens and is losing financial independence, said State Duma Chairman Vyacheslav Volodin.

“Ukraine is bankrupt. The collected taxes form only 40% of the country’s budget. More than 60% of which go to military spending. The monthly deficit is five billion dollars,” the speaker of the lower house of parliament wrote on Telegram.

According to Volodin, without external borrowing, the Kyiv authorities can no longer fulfill their obligations to citizens.

“Ukraine has lost its financial independence,” he concluded.

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