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State and corporate foreign debt reaches 61% of GDP in first quarter
Journal Staff Report

KIEV, June 23 - Ukraine's gross state and corporate foreign debt grew by $8 billion to $92.5 billion in January to March, reaching 61% of GDP, compared to 60.2% of GDP in 2007, the National Bank of Ukraine said.

The foreign debt attributed to the Ukrainian banking sector increased by 9.8% or $3 billion, in Q1, and that of various non-state economic sectors – by $4.6 billion or 12%, reads the report.

Private sector debt in Q1 was 83.3% of GDP, or $77 billion.




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