Ukraine`s state debt exceeds $71 bln

Ukraine`s state and government-guaranteed debt, estimated in U.S. dollars, rose by 0.3%, to US$71.21 billion, as of January 31, according to the Ukrainian Finance Ministry`s website.

The debt in the hryvnia equivalent grew by 0.05% in January 2017, to UAH 1.931 trillion.

The ministry claims that the main reason for the growth of the national debt in January was the financing of the state budget at the expense of state borrowings, as well as additional capitalization of state-owned Oschadbank and Ukreximbank in accordance with relevant government decisions.

As of the end of January, the country`s external debt stood at $45.77 billion, or UAH 1.241 trillion, accounting for 64.3% of the total state and government-guaranteed debt, while domestic debt was estimated at $25.43 billion, or UAH 689.69 billion, accounting for 35.7%.

Earlier, the total amount of Ukraine`s state and state-guaranteed debt at the end of December 2016 stood at $70.97 billion, which was 8.3%, or $5.47 billion, up on the beginning of the year.

The total sum of the debt in the hryvnia equivalent as of the end of December was UAH 1.930 trillion, which was 22.7%, or UAH 357.58 billion, up on the beginning of the year.

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