REUTERS
External debts of Ukraine to date are at 80% of the country’s GDP, Prime Minister of Ukraine Volodymyr Groysman said in an interview with the Dilova Stolytsia newspaper.
"We had to do restructuring at the time [during negotiations on debt restructuring in 2015]; our external debts even now amount to 80% of GDP," Groysman said.
The prime minister noted that this is a high figure, especially in the situation when Ukraine has to spend 5% of GDP on national security and another 5% of GDP is the deficit of the Pension Fund. "In addition, we spend about 4% of GDP on servicing external national debts, so we needed restructuring, it was the only right step," Groysman added.
Read alsoUkraine's state debt exceeds $75 bln as of June 30As UNIAN reported, Ukraine's state and government-guaranteed debt in June 2017 increased in by $330 million, or 0.4%, to $75.01 billion as of June 30.
State and government-guaranteed debt of Ukraine in January-May 2017 rose by $3.71 billion, or 5.2%, to $74.68 billion as of May 31.
Read alsoUkraine says UK court suspends judgment until Kyiv appeal of $3 bln Russia bond ruling – mediaThe state budget of Ukraine for 2017 assumes the ceiling of state and government-guaranteed by year-end at a rate of UAH 2.296 trillion.