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Govt approves strategy for cutting Ukraine's public debt to 50.8% of GDP in 2022, 47% in 2024
KYIV. Dec 9 (Interfax-Ukraine) – The direct public debt of Ukraine by the end of 2021 will be cut to 56.9% of GDP, and by 2024 to 47%, Finance Minister Serhiy Marchenko said, presenting a strategy for managing public debt until 2030 at a government meeting on Thursday.
"Among the indicators of achieving the goal [in the strategy], in particular, is a decrease in public debt by the end of 2024 to 47% of GDP, as well as an increase in debt denominated in the national currency to 51% of GDP," he said at the meeting, during which the Cabinet of Ministers of Ukraine approved the strategy.
