Does Ukraine owe less?

Does Ukraine owe less?
Дата: Wednesday March 22nd, 2017

The external  debt of Ukraine has decreased by $ 5.246 billion till January 1 of the current year, which is equal to 4.4% in comparison with the same indicator in 2016. External debt was estimated at $ 113.483 billion.

This has been reported by the National Bank of Ukraine in its report.

According to the NBU, in the fourth quarter of 2016 gross external debt has decreased by $ 2.532 billion, or 2.2%.

Also, the National Bank’s debt decreased by 3.7% in the fourth quarter of 2016 and by 6.9% over the whole of last year, and amounted up to $ 6.242 billion.

Besides, inter-company debt in the form of direct investment in the IV quarter of 2016 decreased by 0.9%.Thus, for the entire 2016 it has grown by 0.6%, up to $ 8.614 billion.

Let us note that the total amount of the state and state-guaranteed debt of Ukraine as of the end of December 2016 was $ 70.97 billion.

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