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Debt-to-GDP ratio to grow through 2015, government forecasts
Journal Staff Report

KIEV, May 8 - The ratio of the direct state debt of Ukraine to gross domestic product should not exceed 30.6% at the end of 2013, in 2014 - 30.9% and in 2015 - 31%.

Corresponding figures are set out in the medium-term strategy of the state debt management for 2013-2015 approved by cabinet resolution No. 320 of April 29.

The government with this decree canceled a similar strategy for 2012-2014 dated May last year, in which the direct state debt ceiling as of the end of 2013 and 2014 was 25% of GDP.




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