Ukraine to allocate UAH 438 bln for paying off debt in 2020

Photo from UNIAN

Ukraine in 2020 is set to allocate UAH 438.1 billion for paying off and servicing public debt, says Minister of Finance Oksana Markarova.

Speaking at a Kyiv briefing on Sunday following a government meeting, Markarova said: "We will have about UAH 438.1 billion – this is a lot. This is our spending on paying off and servicing the debt next year," an UNIAN correspondent reports.

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"This is a challenge on the one hand, and on the other – this is what our work is aimed at next year," the minister said.

As UNIAN reported earlier, the volume of the public and state-guaranteed debt of Ukraine in January-July 2019 increased in dollar terms by $4.08 billion, or by 5.2%, to $82.4 billion.