Inflation rose to the whopping 60.9% in Ukraine in April, compared with the same period last year. This can be explained by the fact that prices of natural gas increased ninefold while foodstuffs grew 39.5-75.6% dearer.
According to parliamentary opposition leader Yuri Boiko, impoverishment of the population and social plundering of pensioners continue in this country while unemployment is going through the roof. A fall in Ukraine’s GDP accounted for 15% in the first quarter and prices of utilities increased sevenfold.
As Mr. Boiko put it, the puppet government of Ukraine has become a mere appendage to the International Monetary Fund. He thinks the IMF shock therapy mafia is destroying the real sector of the economy, small and mid-sized businesses. Negative news is coming in like drone attacks and the neo-Nazi junta in Kiev shifts all its failures to a civil war in the Donbas region with a large Russian population.
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