During the year, the sum of the state and state-guaranteed debt of Ukraine increased by 1.46 trillion hryvnias, or by $20.74 billion in dollar terms. About this reported press service of the Ministry of Finance.
During the year, the volume of debt in hryvnia equivalent increased by 26.5% (by 1.461 trillion hryvnias), and in dollar equivalent – by 14.3% (by 20.74 billion dollars). The difference in growth rates is explained by the 10.7% increase in the dollar exchange rate.
The main part of state and guaranteed debt (58%) is soft loans received from international financial organizations (IFIs) and foreign governments. Last year, Ukraine attracted 57.5 billion dollars to finance the state budget. Of this amount, 15.8 billion dollars was obtained through the placement of domestic government loan bonds (OVDP), and the remaining 41.9 billion dollars came in the form of long-term soft loans and grants.
We will remind that the public debt of Ukraine is becoming cheaper and more long-term. Over the year, its weighted average value decreased by 21.8% – from 6.24% to 4.88%, and the average debt repayment period exceeds 11 years.
