Ukraine's state debt grows to over $76 bln in 11 months of 2017

The debt in the hryvnia equivalent over the period under review increased by UAH 132 billion, or 6.8%, to UAH 2.052 trillion, it said.

The country's state debt in November alone grew by 0.05%, or $0.04 billion in the dollar equivalent, while it rose by UAH 15.06 billion, or 0.74%, in the hryvnia equivalent.

Read alsoNBU reveals volume of Ukraine's multi-billion dollar debt to IMFAs UNIAN reported earlier, the total amount of Ukraine's state and government-guaranteed debt in 2016 increased by 8.3%, to $70.97 billion, while in the hryvnia equivalent, it grew by 22.7%, to UAH 1.930 trillion ($66.8 billion), which is in line with the annual state budget limits.

Taking into account the National Bank's estimates of Ukraine's nominal GDP at UAH 2.358 trillion ($81.6 billion), the state debt accounted for 81.8% of GDP at the end of the year.

Read alsoPM Groysman reveals Ukraine's external debtUkraine's national budget for 2017 projected the maximum state and government-guaranteed debt at UAH 2.296 trillion ($79.5 billion) by the end of the year.