Photo: AP Ukraine has reduced the national debt by more than $ 1.6 billion

Since the beginning of the year, public debt in dollar terms decreased by 1.64 billion.

In September, total public and publicly guaranteed debt of Ukraine decreased by 0.25%, or $ 190 million to $74,66 billion this was reported on the website of the Ministry of Finance on Friday, October 26.

In the national currency, the national debt was reduced by 0.18% or by UAH 3,9 bn – up to UAH 2,113 trillion.

With the beginning of the year total public (direct) and guaranteed debt in dollar terms decreased by 2.16%, or $1.64 billion in the national currency – by 1.35%, or by 28.91 billion.

The Ministry of Finance said that the national debt in September has decreased on 0,13% – to UAH 1,827 trillion (in dollars declined 0.2 percent to $64,58 billion) as increased by 0.03% to UAH 1,071 trillion (in dollars has decreased on 0,03% – to $37,85 billion) .

Publicly guaranteed debt last month fell by 0.52% – up to 285,31 billion UAH (in dollars has decreased on 0,58% – to $10,08 billion), including external – on 0,19%, to 273,04 billion UAH (in dollars has decreased on 0,26% – to $9,65 billion).

The Ministry also announced that principal amount of debt denominated in US dollars – of 43.56%, even 30, and 18% in local currency, 16,29% in special drawing rights, of 8.82% – in euros. In addition, less than 1% of debt is denominated in canadian dollars, and yen.

The official hryvnia exchange rate, which is used to calculate the debt in September rose to 28.3 UAH/$1 UAH from 28.28/$1, whereas by the end of 2017, he was 28,07 UAH/$1.

Thus, Ukraine’s public debt declining for six consecutive months. In particular, in August it fell by $860 million.

Note, the gross external debt of Ukraine in the first papadiamantis was $113,751 billion, which is 1.47%, or $1.7 billion less than at the beginning of the year.

 

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