NBU, Finance Ministry fail to agree on domestic public debt reprofiling

The National Bank of Ukraine (NBU) and the Ukrainian Finance Ministry have failed to agree on the reprofiling of domestic government loan bonds to allocate UAH 15 billion, or US$583 million, for road construction, according to Ukrainian Prime Minister Volodymyr Groysman.

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"Unfortunately, the National Bank and the Finance Ministry could not agree on reprofiling. It's too bad, we counted on these funds," Groysman said at a government meeting on Wednesday, August 9.

Read alsoUkraine's external debt accounts for 80% of GDP – PMThe sum in question accounts for 50% of the planned funding for 2017, amounting to UAH 30 billion, or $1.2 billion.

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