In the last month of summer, Ukraine’s public debt grew by more than $1.2 billion.
According to the results of August, Ukraine’s state debt increased by $1.24 billion (1.28%) to $98.03 billion, according to data from the Ministry of Finance.
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Public and guaranteed state debt at the end of August amounted to UAH 3,584.76 billion, or $98.03 billion, against UAH 3,539.29 billion, or $96.79 billion, a month earlier.
The total amount of direct public debt as of August 31 reached UAH 3,215.29 billion ($87.92 billion) against UAH 3,164.84 billion ($86.55 billion) in the previous month.
Direct external debt for the month increased from $52.21 billion to $53.44 billion.
Domestic direct debt increased in hryvnia equivalent from UAH 1,255.75 billion to UAH 1,261.09 billion (in dollar terms increased from $34.34 billion to $34.49 billion).
As of August 31, government-guaranteed debt amounted to UAH 369.47 billion, or $10.10 billion.
Recall that the public debt of Ukraine significantly decreased in dollars and increased in Hryvnia after the decision of the National Bank to lower the value of the national currency by 25%.
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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.