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Posted On

07
October
2022

Ukraine's state debt up by 1.3% in Aug

KYIV. Oct 7 (Interfax-Ukraine) – The total public debt of Ukraine in August increased by 1.3%: in dollar terms by $1.24 billion – up to $96.79 billion, in hryvnia – by UAH 45.4 billion, up to UAH 3.585 trillion, according to data on website of the Ministry of Finance.

According to the report, direct public debt in August 2022 increased by 1.6%, to $87.92 billion, or to UAH 3.215 trillion, mainly due to loans from the European Union and Canada.

In particular, external direct debt increased by 2.4%, or $1.23 billion, to $53.44 billion, while domestic direct debt in hryvnia increased by only 0.4%, or by UAH 5.4 billion, to UAH 1.261 trillion.

According to the Ministry of Finance, in August, the state-guaranteed debt in dollar terms decreased by 1.3%, or $140 million, to $10.1 billion, and in hryvnia, by UAH 5 billion, to UAH 369.5 billion.

The main share of state-guaranteed debt is accounted for by external debt, which in August decreased by almost 2%, or $160 million, to $8.16 billion.

Since the beginning of 2022, the total public debt of Ukraine has grown in dollar terms by slightly less than 0.1%, or by $70 million, while in hryvnia equivalent it has jumped by 34.4%, or by UAH 912.7 billion.

The total external public debt of Ukraine for the eight months of this year increased by 7.7%, or $4.4 billion, to $61.6 billion, while the total domestic debt increased by 19.9%, or by UAH 220.7 billion, to UAH 1.332 trillion

According to the ministry, the share of liabilities in dollars at the end of August was 33.86%, in euros – 16.54%, in SDRs – 13.95%, in Canadian dollars – 1.14%, in yen – 0.98%, British pounds – 0.02%, while in hryvnia – 33.51%.