Ukraine's state debt shrinks by 0.8%, to US$75.7 bln in July

Ukraine's state and government-guaranteed debt, estimated in U.S. dollars, shrank by 0.8%, or by US$0.59 billion, to $75.71 billion, in July 2018.

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The debt in the hryvnia equivalent over the period under review rose by 1.4%, or by UAH 27.40 billion, to UAH 2.026 trillion ($72.7 billion), according to the Ukrainian Finance Ministry's website.

The state debt in U.S. dollars since the beginning of the year has decreased by 0.8%, falling by 5.4% in the hryvnia equivalent.

UNIAN memo. Ukraine's state and government-guaranteed debt, estimated in U.S. dollars, rose by 7.5%, to $76.3 billion in 2017, while it grew by 11% in the hryvnia equivalent, to UAH 2.1 trillion ($75.4 billion).

Ukraine's Cabinet of Ministers has 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.