The overall state (direct and state-secured) debt of Ukraine in July decreased by 8.2% or USD 8.6 billion over June to USD 96.79 billion.
The Ministry of Finance of Ukraine has said this in a statement, Ukrainian News Agency reports.
Public and state-guaranteed debt as of late July amounted to UAH 3,539.29 billion or USD 96.79 billion against UAH 3,083.15 billion or USD 105.39 billion, a month earlier.
The total amount of direct public debt as of July 31 amounted to UAH 3,164.84 billion (USD 86.55 billion) against UAH 2,771.45 billion (USD 94.73 billion) a month earlier.
At the same time, direct external debt decreased from USD 52.80 billion to USD 52.21 billion over the month.
Direct domestic debt increased in hryvnia equivalent from UAH 1,226.91 billion to UAH 1,255.75 billion (in dollar terms it decreased from USD 41.94 billion to USD 34.34 billion).
As of July 31, the government-guaranteed debt amounted to UAH 374.45 billion or USD 10.24 billion.
As Ukrainian News Agency earlier reported, in 2021, the public debt increased by 8.52% or USD 7.69 billion to USD 97.95 billion.
In 2020, the total public debt increased by 6.9% from USD 84.4 billion to USD 90.3 billion.
In 2019, the state and state-guaranteed debt increased by USD 6.05 billion, and decreased by UAH 170 billion in hryvnia equivalent.
The World Bank published a report in which it said that the war in Ukraine will cause a “historical” jump in food prices and energy, which will remain high until the end of 2024.
Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.
To request a correction, please send an email.