The amount of public and publicly guaranteed debt of Ukraine in August in the hryvnia equivalent amount of debt over this period rose by 91 billion, or 4.2%, to 2,117 trillion UAH.
About it reports “the Country”, citing the website of the Ministry of Finance.
In dollar terms, government debt decreased by 0.86 billion, or 1.1%, to 74,85 billion dollars.
According to the data, compared with the figure at the beginning of the current year the volume of public debt in dollar terms decreased by 1.9% in the hryvnia equivalent by 1.2%.
Public and publicly guaranteed debt of Ukraine for 2017 increased by 7.5% to 76.3 billion dollars, and by 11% to 2.1 trillion – in the hryvnia equivalent.
Recall that on 22 August at the government meeting the Cabinet of Ministers of Ukraine approved the updated Medium-term strategy of public debt management, according to which the ratio of debt to GDP will gradually decline from 61.5% at the end of 2017 to 49,0% by the end of 2020.
The adoption of the Medium term strategy of public debt management in 2018-2020 is due to the necessity to determine the main measures to reduce its volume.