Ukraine's foreign debt up 4.9% to USD 27.5bn in April.

By bne IntelliNews May 27, 2013

In April, Ukraine's director foreign debt rose by 4.9% to USD 27.55bn as of April 30 (against the USD 26.27bn as of March 31), the Finance Ministry has reported. In April, direct domestic debt rose by 2.1% from UAH 216.49bn to UAH 220.95bn. In April, total direct public-sector debt increased by 3.4% from UAH 426.44bn to UAH 441.14bn. Government-backed debt as of April 30 amounted to UAH 112.26bn. Total direct public-sector debt and government-backed debt as of April 30 made up UAH 553.39bn.

Ukraine’s total direct public-sector debt grew by 1.7% to USD 53.35bn in March. In March, director foreign debt fell by 0.7% to USD 26.27bn as of Mar 31.

According to various estimates, as of end of March, public debt remains near 37.0% of GDP. Intellinews expects it to remain within this range throughout the year. At the same time, the FinMin says that Ukraine's direct state debt, after rising in 2012 to 28.5% of GDP, will remain in 2013 at the level of up to 30% of GDP.

 

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