Ukraine aggregate state debt inches up 0.2% in May
29 June 2021
Ukraine’s state and
state-guaranteed debt increased 0.2% m/m to USD 91.5 bln as of May 31, the
Finance Ministry reported on June 25. State foreign debt increased 0.2% m/m to
USD 45.2 bln, while state domestic debt inched up 0.1% m/m to USD 36.3 bln.
State-guaranteed debt increased 0.6% m/m to USD 10.0 bln.
In UAH terms, the
overall state debt declined 0.7% m/m in May to UAH 2,517 bln, or 60.0% of
Ukraine’s GDP in 2020.
Evgeniya Akhtyrko: In the absence of new significant
borrowing, the growth of state debt in May was not significant. The decline of
debt in UAH terms was due to 0.9% the hryvnia’s appreciation during the month.
We are likely to see
insignificant growth of the state debt in June, as new borrowing at the
domestic market will exceed the redemption of domestic bonds during the month.
