Public debt: In 2019, Ukraine to pay over US$14 bln

That's including payments in foreign currency at about $9 billion.

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The Ministry of Finance of Ukraine estimates the total amount of payments on state debt in 2019 at UAH 417 billion, or US$14.2 billion in the U.S. dollar equivalent.

In particular, payments in foreign currency will be at about $9 billion, according to the Macroeconomic Outlook and Forecast for January 2019, published on the ministry's website.

The official government forecast assumes the average rate of the hryvnia to the U.S. dollar, under the base-case scenario, at UAH 28.2 in 2019, UAH 29.7 in 2020, and UAH 30.4 in 2021, the ministry said.

Read alsoUkraine's Cabinet to introduce new budget rules for hryvnia stability

"Continued reforms, which are particularly provided for in the Memorandum of Cooperation with the International Monetary Fund, guarantee Ukraine's access to external financing, as well as the receipt of the second tranche of the EU macro-financial assistance and a loan guaranteed by the World Bank," the report said.

UNIAN memo. Ukraine's public and government-guaranteed debt in January-November 2018, estimated in U.S. dollars, fell by 2%, to $74.76 billion. The debt in the hryvnia equivalent dropped by 0.9%, to UAH 2.122 trillion ($75.5 billion).

Ukraine's Cabinet of Ministers in August 2018 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.

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