Ukraine's Finance Ministry borrows US$10.6 bln last year

Foreign loans were estimated at $4.2 billion.

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Ukraine's Finance Ministry in 2018 borrowed UAH 286.5 billion, or US$10.6 billion, to finance the deficit of the national budget.

Read alsoUkraine budget in January sees UAH 12.3 bln deficit

In particular, foreign loans were estimated at UAH 112.3 billion ($4.2 billion), while domestic borrowings totaled UAH 174.2 billion ($6.4 billion), according to the ministry's website.

The Finance Ministry also informed about the structure of last year's external borrowings: $725 million in short-term eurobonds, $2 billion in long-term eurobonds, EUR 500 million in macro-financial assistance (MFA) under the European Union's fourth MFA program, and EUR 349 million in a loan against the World Bank's guarantees.

As UNIAN reported earlier, Ukraine's state and government-guaranteed debt, estimated in U.S. dollars, grew by 2.6%, to $78.32 billion, in 2018. The debt in the hryvnia equivalent over the period under review rose by 1.3% to UAH 2.169 trillion ($80.3 billion).

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