Smigel told about the readiness of Ukraine to the economic crisis associated with the pandemic


The situation in Ukraine is better than in 2008.

Ukraine during the crisis was triggered by the coronavirus, has a stronger position than at the beginning of the global financial crisis of 2008. This was stated by Prime Minister of Ukraine Denis Shmyhal, reports the with reference for Today.

“We entered the crisis much stronger than when the Ukraine entered the crisis in 2008… as of July 1, Ukraine’s foreign exchange reserves exceeded the equivalent of 28 billion dollars, liquidity of the banking system exceeded UAH 200 billion, the Single Treasury account, UAH 135 bn. It is a very powerful record numbers, which provide stability,” said Smigel during a virtual round table.

Earlier, Denis Shmyhal said that total quarantine is more dangerous than the coronavirus. The head of government reminded that the epidemic shows the increase in the incidence, and not to get a wave of coronavirus, like in Spain or Italy, you need to take action. For example, actively penalize citizens and business for failure to comply with quarantine.