KIEV, Feb. 3 – The total direct and guaranteed state debt of Ukraine in 2017 would remain at around 82% of GDP, and in 2018 would decline to 80% of GDP, the National Bank of Ukraine said in an inflation report posted on its website.

"After the capitalization of PrivatBank by the state at the end of 2016, quasi-fiscal risks significantly fell. In the forecast period quasi-fiscal needs of the banking sector and the Individuals Deposit Guarantee Fund will be small, while Naftogaz Ukrainy would not require support from the budget, as utilities tariffs were brought to the economically justifiable level," the central bank said.