About the budget deficit. The deficit of the general fund of the state budget in the first 5 months of the year was 401.9 billion hryvniasin particular, in May – 91.3 billion hryvnias.
About OVDP. From the beginning of the great war until the end of May, the government placed OVDP bonds at auctions for 318.6 billion UAH, 3.57 billion dollars and 1.48 billion euros – in total in hryvnia equivalent 498 billion hryvnias.
About the exchange rate. Cash hryvnia sharply got stronger against the dollar on the “black market”, the euro remains stable.
About the USA. The US Senate passed bipartisan legislation backed by President Joe Biden that repeals the $31.4 trillion national debt ceiling, allowing avoid the first default in history.
About Privatbank. The Israeli court, despite refusing jurisdiction, confirmed that PrivatBank has sufficient for trial the case regarding fraudulent actions in the amount of 600 million dollars against Kolomoiskyi and Bogolyubov.
Revolt against the dollar. Why do countries abandon the world currency?
For the past 50 years, the fall of the dollar has only been talked about. However, after the Russian invasion of Ukraine, the contradictions intensified to such an extent that the idea of dedollarization began to be implemented at the highest level. What’s going on?