REUTERS
The debt-to-GDP ratio shrank due to the primary budget surplus and the strengthening of the national currency.
The National Bank of Ukraine (NBU) says the country's state and government-guaranteed debt at the end of the first quarter (Q1) of 2019 accounted for less than 60% of gross domestic product (GDP), for the first time since 2014.
Read alsoUkraine's state debt grows to US$78.8 bln in first three months
The debt-to-GDP ratio in late March shrank due to the primary budget surplus and the stronger hryvnia, Ukraine's national currency, according to the NBU inflation report for April, published on its website.
As UNIAN reported earlier, Ukraine's state and government-guaranteed debt grew by 0.6% in January-March 2019, to US$78.78 billion in the U.S. dollar equivalent, while shrinking in the hryvnia equivalent by 1%, to UAH 2.147 trillion.