Ukraine's public debt rises to $74 billion

17:34, 30 October 2014
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The total amount of public and publicly guaranteed debt of Ukraine on September 30, 2014 amounted to $74.295 billion, which was $4.783 billion or 6.88% more compared to the beginning of the month, according to the Web site of Ukraine’s Ministry of Finance. 

UNIAN

The total public and publicly guaranteed debt in hryvnias in September compared to August increased by UAH 16.299 billion or by 1.72%, to UAH 962.065 billion, a posting on the ministry site reads.

From January to September the public and publicly guaranteed debt in dollars rose by $1.185 billion, or by 1.62%, while in the hryvnia equivalent it rose to UAH 377.695 billion, a rise of 64.63%.

Public and publicly guaranteed external debt in September decreased by $1.738 billion or by 4.34%, to $41.74 billion, which is 56.18% of the total public and publicly guaranteed debt. Domestic debt increased by $3.046 billion or by 10.32%, to $32.556 billion.

The direct public debt of the government of Ukraine in September rose by $4.472 billion or by 7.77%, to $62.049 billion, which is 83.52% of the total public and publicly guaranteed debt. In particular, external debt rose by $1.503 billion or by 4.96%, to $31.784 billion. Domestic debt rose by $2.969 billion or by 10.88%, to $30.265 billion.

The guaranteed debt of Ukraine on September 30 was $12.246 billion, including external debts of $9.956 billion dollars and domestic debt of $2.291 billion.

As UNIAN reported earlier, Ukraine’s public and publicly guaranteed debt on August 31, 2014 amounted to $69.512 billion. (UAH 945.766 billion), which was $3.598 billion or 4.92% lower than at the beginning of the year.

The State Budget of Ukraine for 2014, as last amended, sets the upper limit of government debt for the year at UAH 806.962 billion.

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