Ukraine's public debt exceeds $77 bln since year-start

The volume of public and government-guaranteed debt of Ukraine in the first quarter of 2018 increased by $1.06 billion in dollar terms, or by 1.4%, to $77.37 billion as of March 31.

In hryvnia equivalent, public debt over the said period decreased by UAH 88.09 billion, or 4.1%, to UAH 2.054 trillion, according to the Ministry of Finance.

The growth in dollar equivalent in the overall structure of public debt is due to an increase in the debt on securities issued in the domestic market, the ministry reported on its website.

Read alsoUkraine remains extremely vulnerable to external shocks due to heavy debt burden – NBUAt the same time, the reduction in hryvnia equivalent is due to the repayment of debt on loans from international financial organizations and on securities issued in the foreign market.

UNIAN memo. Public and government- guaranteed debt of Ukraine over 2017 grew by 7.5%, to $76.3 billion in dollar terms, and by 11%, to UAH 2.1 trillion - in hryvnia equivalent.

The government plans to reduce the level of public and government-guaranteed debt of Ukraine to 60% of GDP by 2020 from 72% as of the end of 2017.