The blockade of Donbas to drop down the rate of the national currency, – Klimenko
10:38 / 16 Mar. 2017 / 175
The decision to block Donbass leads to cascading events that will bring down the industry and hryvnia exchange rate; will raise prices for Ukrainian goods and services written by Alexander Klimenko, the leader of the “Uspina Kraina” party and the founder of the public initiative “The Restoration of Donbass” on his Facebook.
– I heard from different people the idea that today Ukraine finally lost Donbas. However, let me disagree with this. Today, Ukraine had lost not the territory of Donbas. Today, Ukraine has lost itself, -the politician wrote.
Klimenko consider that Ukraine will lose $ 3.4 billion of revenue of Ukrainian economy from the sale of metal products produced on the territories beyond the Government control. At the same time, the country will additionally need $ 2 billion to purchase coal for Ukrainian thermal power plants. Mechanical engineering will suffer as the cost of metal and rolled metal will increase substantially. As a result, the negative foreign trade balance will increase from 5.6 billion to 11 billion dollars, and the national currency rate will drop to 32 hryvnia per dollar.
– The enterprises in Dnipro, Mariupol, Kharkiv, Kamensk, Kropivnitskyi will experience an acute shortage of raw materials. I guess, production will be cut in April. The freight traffic of Ukraine will fall by about 40%, – the leader of” Uspishnoy kraїni ” predicted.
As a result, for the customers electricity will rise in price to 38%, hot and cold water – up to 30%, gas and fuel – up to 22%. “Ukrzaliznytsya” will raise the cost of tickets for passengers up to 45%. The politician foresees the beginning the outages of light, loss of workplaces, etc.
Taking into account the current situation, Klimenko advises Ukrainians “to stock up on food and be patient.” In particular, not to succumb to provocations and not participate in mass actions, from which the economy will only get worse. Klimenko insisted that the only thing the Ukrainians have to do is to wait and to vote for an alternative for Ukraine in the nearest future.
So-called “activists” initiated the blockade of Donbas by banning industrial supplies through the contact line. The other days the blockade was officially introduced by the decision of the National Security and Defense Council of Ukraine, although earlier President Poroshenko opposed such an initiative and called billions of losses and threats to the Ukrainian economy from its introduction. Commenting on this decision of the authorities, Alexander Klimenko called the blockade a struggle of the oligarchs.
The restoring-donbass.com website - is an interactive platform, which was created by the "Restoring Donbas" community initiative of Oleksandr Klymenko. The latest news, blogs and analysis, background information and useful ads for IDPs and Donbas residents are available on the website.