Finance Ministry plans to borrow UAH 346 bln in 2019

Photo from UNIAN The Ministry of Finance of Ukraine plans to finance the state budget in 2019 with a wide range of debt instruments totaling UAH 345.926 billion. According to the State Debt Management Program for 2019 published on the ministry&#39;s website, 58.4% of the total amount of borrowings is planned to be attracted in the domestic market. At the same time, payments on state debt in 2019 are set at UAH 272.247 billion, of which 55.3% are payments on domestic debt. The volume of payments for servicing state debt is projected at UAH 145.205 billion, of which 61.1% are payments on domestic debt. Read alsoFinance Ministry borrows almost UAH 10 bln, US$108.6 mln, EUR 23.8 mln in domestic market The report on the implementation of the state debt management program will be drafted no later than three months after the completion of the relevant fiscal year. UNIAN memo. Ukraine&#39;s public and government-guaranteed debt in January-November 2018, estimated in U.S. dollars, fell by 2%, to $74.76 billion. The debt in the hryvnia equivalent dropped by 0.9%, to UAH 2.122 trillion ($75.5 billion). Ukraine&#39;s Cabinet of Ministers in August 2018 adopted a three-year strategy for public debt management, which implies a reduction in the state debt before 2020 to no more than 49% of GDP, as well as optimization of the debt structure.

Finance Ministry plans to borrow UAH 346 bln in 2019

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