From the beginning of the year, the public debt of Ukraine as a whole has been slightly reduced and not growing very fast, despite the attraction of loans due to the war.
In April, Ukraine’s public debt rose by 0.84% in dollars – up to $ 97.62 billion, and in the hryvnia – up to UAH 2.855 trillion, according to data on the website of the Ministry of Finance.
Thus, direct public debt in dollar terms increased by 1.27% – up to $ 86.38 billion, in hryvnia – by the same amount, up to UAH 2.556 trillion. Including external direct debt in dollars decreased by 0.91% – to $ 49.91 billion (in hryvnia – by 0.92%, to UAH 1.46 trillion).
State -guaranteed debt in dollar terms dropped by 2.76% in April, to $ 10.23 billion, in the hryvnia – by 2.74%, to UAH 299.39 billion.
From the beginning of the year, the total public debt of Ukraine decreased by 0.34% in dollar terms and increased by 6.88% in the hryvnia.
Earlier, the IMF predicted a sharp increase in Ukraine’s public debt due to a sharp increase in the budget deficit and falling GDP. This number will remain at a high level over the next five years.
It was also reported that Ukraine is entering the peak period of debt repayment. In April-June, 167 billion hryvnias of debts had to be repaid.
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.