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NBU: Ukraine To Pay Annually Over USD 7 Billion On Public And Quasi-Public Debt In 2018-2021

The National Bank of Ukraine says the annual payments on redemption and servicing the public and quasi-public debt in foreign currency will make over USD 7 billion in 2018-2021.

This is said in the October inflation report of the NBU, Ukrainian News Agency reports.

"In 2018-2021, annual payments on redemption and servicing the public and quasi-public debt in foreign currency will be over USD 7 billion," reads the report.

The central bank's report reads that further structural reforms aiming at improving the business environment and improvement of conditions for long-term economic growth remain crucially important to Ukraine.

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The central bank also highlights further cooperation with the International Monetary Fund.

The National Bank of Ukraine says the return of Ukraine to the market of foreign borrowings in September is a positive signal for potential direct investors.

"This also improves perspectives of new issues of the corporate sector (including state companies)," reads the report.

As Ukrainian News Agency earlier reported, the direct and guaranteed public debt of Ukraine grew by 0.62% in September over August to USD 77.03 billion.

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