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                        FRIDAY, APRIL 19, 2024
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State debt grows 3.6% in July following $2 billion eurobond placement
Journal Staff Report

KIEV, Aug. 27 – The total state (direct and guaranteed) debt of Ukraine in July grew by 3.6%, or $2.148 billion, to $62.174 billion due to the placement of eurobonds worth $2 billion this month, the Finance Ministry reported.

According to the ministry, over the first seven months of 2012 the total state debt increased by 5%, or by $2.958 billion.

Ukraine's total state debt in 2011 grew by 9.1%, or $4.918 billion. The ministry forecasts that the correlation of Ukraine's total state debt and GDP in 2012 could decrease by 1.3 percentage points, to 34.9%.




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