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Public Debt Flat In April

Public Debt Flat In April

30 May 2008

In April total public debt remained flat and amounted to USD 15.2 bln. Direct external debt decreased by 0.17% mom to USD 9.36 bln and direct internal debt remained unchanged – USD 3.2 bln. Polina Khomenko: During the first four months of the year there were no sovereign Eurobond issues or and foreign borrowings. The government plans to borrow roughly USD 2 bln from domestic and public sources by the end of the year. We estimate Ukraine’s total debt will amount to USD 17.5 bln (~ 14% to GDP) by the end of the year.

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