Ukraine paid $4.2 bln of debt in seven months

Ministry of Finance of Ukraine as of the end of July, has transferred $4.2 billion in budgetary payments on debt in foreign currency, according to the ministry’s website.

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According to the Ministry of Finance, budget revenues from international financial organizations and the partner governments in the said period amounted to $4.7 billion, including $2.6 billion received from the International Monetary Fund, EUR 850 million from the European Commission, CAD 200 million from the Government of Canada, and another $1 billion was raised from the placement of U.S.- guaranteed eurobonds.

As UNIAN reported earlier, the International Monetary Fund in March approved a new lending program for Ukraine's economy under the Extended Fund Facility arrangement, which allows access to international funding worth $40 billion in the next 4 years.

Total amount of Ukraine’s public and publicly guaranteed debt was reduced in January-May by $2.151 billion, or by 3.08% - down to $67.661 billion as of May 31, 2015. During this period, public and publicly guaranteed debt increased in UAH equivalent by 29.37%, or by UAH 323 billion - up to UAH 1.424 trillion.

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