KIEV, June 15 – The debt parameters for 2011, which were defined in the medium-term strategy for the management of the state debt, were on the whole observed, the board of the accounting chamber of Ukraine has concluded after considering a report on the results of an audit of the state and secured debt for 2011.
"The pace of growth in the total [state and secured] debt compared to pervious years has considerably slowed… The indicator of total debt to GDP (36%) was in the economically safe range set in the budget code of Ukraine (up to 60%)," reads a press release of the accounting chamber.
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