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GISMETEO.RU
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Government borrowing rose 52.4% last year, treasury service reports
Journal Staff Report

KIEV, Jan. 15 – Borrowings to the general fund of the national budget of Ukraine in 2013 amounted to UAH 156.94 billion, which is 52.4%, or UAH 53.94 billion, more than in 2012, according to the State Treasury Service.

According to its data, external borrowings increased by 23.7%, or UAH 9.19 billion, to UAH 47.96 billion. Half of them accounted for the sale of two-year eurobonds worth $3 billion to Russia in late 2013.

Costs for servicing the debt from the general fund of the national budget last year rose by 30.9%, to UAH 31.68 billion, in particular the external debt - by 42%, to UAH 9.85 billion.




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