Finance Ministry continues reducing state debt
The Finance Ministry forecasts the sate debt will reduce to 60% of GDP by 2020
The Finance Ministry forecasts the sate debt will reduce to 60% of GDP by 2020.
It was reported by the Finance Minister Oleksandr Danyliuk in the Parliament.
"The budget resolution envisages a reduction in the deficit of the state budget to 2.2% next year... It will enable us to reduce the level of debt to about 60% by 2020," he said.
Danyliuk recalled the joint public debt of Ukraine decreased to 71.8% from 80.9% of GDP in 2017.
Public and guaranted government debt of Ukraine in USD increased by 7.5% or in USD 5.33 billion up to USD 76.31 billion over 2017.
In 2016, total public debt of Ukraine augmented from USD 65.51 billion to USD 70.97 billion.
If you see an error on our site, select it and press Ctrl+Enter
Comment0
- 15:3305.121007705.12.2018 | Macroeconomy100770
New Memorandum on cooperation with IMF is approvedThe Government approved drafts Letter of Intent and Memorandum on Cooperation with IMF within stand by program - 14:5022.1086622.10.2018 | Macroeconomy8660
S&P worsened Ukraine's GDP growth forecast from 3.1% to 3.0%S&P revised Ukraine's GDP growth forecast for 2018 from 3.1% to 3.0%, inflation forecast - from 8.9% to 10.3% - 12:2009.1095209.10.2018 | Macroeconomy9520
IMF improved prognosis of Ukraine's GDP growth in 2018The IMF improved forecast for Ukraine's GDP growth from 3.2% to 3.5% in 2018. - 15:0806.0978306.09.2018 | Macroeconomy7830
NBU raised key policy rate to 18%The NBU increased the key policy rate at 0.5 p.p. to 18% - 10:4603.0969703.09.2018 | Macroeconomy6970
Ukraine exports goods and services worth USD 11.2 billion to EU in H1, 2018Ukraine's exports to the EU increased in USD 2 billion - 16:5628.0871728.08.2018 | Macroeconomy7170
NBU said when Ukraine to make arrangements with IMFThe NBU expects to receive USD 2 billion from IMF till the end of autumn. - 09:5927.0873927.08.2018 | Macroeconomy7390
EBRD on privatization: Investors should be realEBRD: new owners of the companies should be real investors. - 16:1923.08101323.08.2018 | Macroeconomy10130
Government prepares to receive next IMF trancheThe government authorized Acting Minister of Finance Oksana Markarova to sign bills in favor of IMF.
Related documents:
603
0
Banks reduced lending to economy
In February, bank lending to economy reduced by 1.4% to UAH 1 032.8 billion.
611
0
NBU: Inflation in Ukraine exceeds prognosis
In February 2018, consumers inflation slightly slowed.
541
0
Ukraine increased grain exports
In 2017, Ukraine exported 41.8 million tonnes of grain
16:58 07.1210454Investors' coming to coal industry seems impossible14:37 07.1210450Kyivstar got new CEO16:12 06.1210125FUIB afforced Supervisory Board13:54 06.129695Chinese allowed to enter PFTS's capital15:33 05.1210077New Memorandum on cooperation with IMF is approved11:17 05.1210081Ukrainian Exchange admitted bonds of Alfa Bank and OTP Bank to trading16:07 04.129690Ihor Mitiukov was reselected as NDU's Supervisory Board Chairman12:55 04.129355VAT refund has increased by 12% since January 201815:10 03.1210139EBRD, EIB and WBG launch enterprise survey12:07 03.129710Ukraine is in top three countries by frequency of systemic banking crises