KIEV, Dec. 11 – Ukraine's government has managed to cut state debt from $73 billion to $66 billion due to debt restructuring and swaps for low-cost, long-term loans, Prime Minister Arseniy Yatseniuk said.

"'Minus $6 billion' will be the answer to those who say that we borrow funds and increase debts. We've learned how to borrow funds and reduce debts," he said in parliament on Friday.

Budget spending on debt servicing in 2016 will be reduced by UAH 10 billion due to the restructuring of state foreign debt, he said.