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Economy 2019-04-15T05:42:47+03:00
Ukrainian news
Finance Ministry Estimates Debt Payments In 2017 At UAH 240.9 Billion

Finance Ministry Estimates Debt Payments In 2017 At UAH 240.9 Billion

The Ministry of Finance has estimated the debt payments in 2017 at UAH 240.9 billion.

Ukrainian News Agency learned this from the public-sector debt management program for 2017 published on the Ministry website.

This sum includes UAH 72,199 million (30%) payments for foreign debt and UAH 168,698 million (70%) for domestic debt.

In 2017, UAH 16,836 million is to be paid to redeem obligations to the International Monetary Fund (IMF), UAH 7,304 million to the International Bank for Reconstruction and Development (IBRD) and UAH 3,251 million to the European Bank for Reconstruction and Development (EBRD).

UAH 111,338 million is to paid for servicing the public-sector debt in 2017.

UAH 29,068 million is to be paid to redeem public-sector debt in 2017 for the 2013 domestic-loan government bonds; UAH 24,702 million for the 2016 domestic-loan government bonds; UAH 10,935 million for the 2014 domestic-loan government bonds; and UAH 9,212 million for the 2012 domestic-loan government bonds.

As Ukrainian News Agency earlier reported, in December, Ukraine's cumulative public-sector debt (direct and government-backed) increased by 5.08% (USD 3.43 billion) to USD 70.97 billion (as of December 31).

At end-December, the public and government-backed debt stood at UAH 1,929.76 billion or USD 70.97 billion against UAH 1,728.88 billion or USD 67.54 billion a month before (UAH 1,572.180 billion or USD 65.506 billion as at January 1).

As at December 31, total direct public debt was UAH 1,650.83 billion (USD 60.71 billion) versus UAH 1,464.55 billion the month before (UAH 1,334.3 billion as at January 1).

Over the month, the direct foreign debt fell 0.11% (USD 0.04 billion) to USD 36.05 billion while the direct home debt soared 24.03% to UAH 670.65 billion.

As of December 31, the government-backed debt was UAH 278.93 billion (USD 10.26 billion).


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