Ukraine state debt slides 0.3% in September
30 October 2018
Ukraine’s state and state-guaranteed debt slid 0.3%
m/m to USD 74.7 bln in September due to reduced domestic debt, the Finance
Ministry reported on Oct. 26. Domestic debt dropped 0.4% m/m to USD 26.7 bln,
while foreign debt stayed unchanged at USD 37.9 bln. State-guaranteed debt
declined 0.6% m/m to USD 10.1 bln.
In UAH terms, the state debt declined 0.2% m/m, with
domestic and guaranteed debts shrinking 0.4% m/m and 0.5% respectively, and
foreign debt staying the same. In September, state debt amounted to UAH 70.8%
of Ukraine’s 2017 GDP.
Evgeniya Akhtyrko: Domestic debt declined in September as redeemed local bonds exceeded
receipts from local bonds placed by the government. For 2018, we project that
state debt will rise to USD 78.2 bln (67.6% of GDP), assuming IMF cooperation
is maintained.
