Poroshenko: "We know what we have been doing." / Photo from president.gov.ua
The National Bank expects to receive about US$5 billion in reserves by the end of the year.
Ukrainian President Petro Poroshenko excludes the possibility of a default of Ukraine.
"I want to stress that those who predicted the country's default in 2014-2015, when we had barely US$5 billion in gold and foreign exchange reserves – keep dreaming, there will be no destabilization now," he said at a conference in Kyiv on Friday, September 14, an UNIAN correspondent said.
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"We know what we have been doing and we will defend Ukraine financially too," the president added.
As UNIAN reported, future payments by Ukraine on external state and government-guaranteed debts by the end of 2018 are estimated at UAH 90.98 billion, or US$3.24 billion at the current rate of the National Bank of Ukraine.
UNIAN memo. State and government-guaranteed debt of Ukraine in January-July 2018 decreased by 0.8% in dollar terms, to US$75.71 billion, that in the in hryvnia equivalent by 5.4%, UAH 2.026 trillion. The country's international reserves as of August 1, 2018, amounted to US$17.749 billion, which was 5.6% lower than the figure at the beginning of the year. The National Bank expects to receive about US$5 billion in reserves by the end of the year, including a new disbursement from the International Monetary Fund, loans from the World Bank and the European Union, as well as funds from the placement of eurobonds.