IMF Seized 80% of Ukraine’s Gold and Foreign Exchange Reserves to Pay off Debts

Translated by Ollie Richardson


The National Bank of Ukraine revealed the shocking secrets concerning the gold and foreign exchange reserves of the country. The former head of the Ukrainian currency regulator Sergey Arbuzov stated that Ukrainian gold (the international gold and foreign exchange reserves) doesn’t belong to the country any more. 75% of all Ukrainian reserves are under the control of the International Monetary Fund (IMF) as repayment of numerous debts on loans granted to the country. He wrote about this on his page on Facebook.

“In three years the foreign exchange reserves lost 15 tons of gold. But ‘plus’ $10 billion of national debt,” wrote Arbuzov.

According to Arbuzov, from 17.2 billion dollars of gold and foreign exchange reserves, Kiev possesses 4 billion, and this sum constantly decreases. Thus, the IMF has total power over the national economy.

According to Arbuzov, flirting with the NBU will stop as soon as Kiev squeezes out, most likely, the last tranche. After that Ukraine will completely pass under external management of the IMF.

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