PM: Ukraine needs to pay USD 11bn in debts this year.

By bne IntelliNews April 1, 2011
Ukraine has to pay off USD 11bn in debts this year, PM Mykola Azarov has announced. According to FinMin in Jan-Feb, the amount of government debt rose by 3.12% to USD 56.204bn. The increase in debt is attributed to a rise in foreign exchange rates against the hryvnia, Eurobonds issue in 2010 at USD 100mn and bond issue in 2011 of USD1.5bn. Azarov also announced that VAT refunds in Q1 amounted to UAH 11bn.

Related Articles

Metro Ukraine raises sales by 11% y/y to EUR 877mn in 2012.

In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more

NBU: Gross external debt of Ukraine up 2% q/q in Q4/2012

The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more

EC makes new recommendations for Ukraine.

The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss