Ukraine's national debt slightly down to $83.4 bln

In hryvnia equivalent, the state debt also slid by almost 1.5%, to UAH 2.048 trillion.

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The volume of public and government-guaranteed debt of Ukraine in February 2020 slightly decreased in dollar terms by 0.02%, to $83.38 billion, the Ministry of Finance reports.

In hryvnia equivalent, the debt for the said period also slid by almost 1.5%, down to UAH 2.048 trillion.

The factor influencing fluctuations of the public debt volume was hryvnia devaluation against the dollar, which the National Bank of Ukraine says amounted to 1.8% in February.

It is also reported that in February, the Ministry of Finance held four auctions on the placement of government bonds, which attracted UAH 14 billion to the state budget.

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According to the ministry, the state budget expenses on paying off the state debt in February this year amounted to UAH 20.1 billion, and another UAH 7.6 billion – on debt maintenance.

As UNIAN reported earlier, the volume of public and government-guaranteed debt of Ukraine for 2019 in dollar terms increased by $6.05 billion, or 7.7%, to $84.36 billion.

In hryvnia, it decreased by UAH 170.17 billion, or 7.8%, down to UAH 1.998 trillion.

As of year-start, the debt-to-GDP ratio stood at 50%.

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