Yaroshenko confident that Ukraine is not threatened with default

Head of the Ministry of Finance Fedor Yaroshenko excludes defaulted Ukraine. He stated this during a press conference in Donetsk. "We have absolutely no reason to make such estimates," - he said, adding that our country is not experiencing a cash deficit. "We now have sufficient financial resources, and we service their debt obligations without any problems," - noted the Minister. He also added that at the end of last year to the treasury account was more than 25 billion USD. In this case, the previous government led system of public finance in a highly unbalanced state. "When I became minister of finance ... and worked for a week ... I saw that the accounts have no money. Coffers completely empty. The debt load was extremely high and the system is unbalanced," - said F. Yaroshenko. As we know, the experts of the American edition of Business Insider Ukraine made the list of 18 countries facing default. Ukraine it ranked sixth. Reasons - the large size of external debt and slower economic growth. Recall that the experts from the World Bank estimated the external debt of Ukraine in 82% of GDP. Ministry of Industry