“The factors of the economic depression were back in 2019.

That is, a drop in industrial production and others.

The pandemic has only accelerated this, ”TASS quotes him.

At the same time, the minister added that the country's debt burden is not at a critical level.

“The criticality of debt should be looked at by other indicators.

These are the costs of servicing the debt, which are included in the budget, and the level of debt burden on debt repayment.

September is a critical month for us.

Because in September we have to pay more than $ 2 billion on Eurobonds of 2015, ”Marchenko said.

On January 21, the National Bank of Ukraine (NBU) estimated the fall in the country's GDP in 2020 at 4.4%.