Ukraine's state debt shrinks by 0.5%, to US$74.3 bln in Oct

Ukraine's state and government-guaranteed debt, estimated in U.S. dollars, shrank by 0.5%, or by US$0.35 billion, to $74.32 billion, in October 2018.

The debt in the hryvnia equivalent over the period under review fell by 0.9%, or by UAH 19.88 billion ($715.1 million), to UAH 2.093 trillion ($75.3 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 2.6%, falling by 2.3% in the hryvnia equivalent.

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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 ($75.5 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.