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State debt of Ukraine decreased by $ 790 million

At the end of May 2018, the national debt was 1.993 billion UAH or 76.26 billion dollars
18:03, 25 June 2018

Open source

As of the end of May 2018, Ukraine's government debt decreased by $ 790 million. This is evidenced by the data of the Ministry of Finance of Ukraine.

"During May 2018, the amount of state and publicly guaranteed debt of Ukraine decreased in the hryvnia equivalent by 27.97 billion, in dollar terms, state and publicly guaranteed debt decreased by $ 0.79 billion," the report said.

It is noted that the reduction in the amount of public debt is due to the implementation of payments "for the repayment of state and state-guaranteed debt in accordance with credit agreements and due to the difference in exchange rates at the end of the reporting period compared with the previous one."

At the end of May this year, the national debt was 1.993 billion UAH or 76.26 billion dollars.

Earlier it was reported that in March of this year the state debt of Ukraine increased by 0.8%, or by $ 600 million to $ 77.4 billion.

Earlier ICU group held the international conference dedicated to the investment perspectives of the Ukrainian debt market at the European headquarters of Bloomberg, London, the UK on June 8 as the press service of the group reported.

Kostyantyn Stetsenko, the ICU managing partner revealed to the foreign investors that there is a number of the dynamically developing companies in Ukraine that need the financing in hryvnia for the further stable growth.

"The banking system of the country is not ready to finance them in the needed volume so the attraction of the investments by the issuance of the bonds remains to be the actual tool for the companies. The Ukrainian bond market recovers from 2014-2015 crisis step by step and offers relatively high incomes amid the improving of the macroeconomic situation, currency regime, and simplification of the access to the market for the foreign investors," he said.

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