Economy

debts

National debt increased by around 7% to US $74.3 bn in September

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National debt increased by around 7% to US $74.3 bn in September
Photo: Reuters

As of September 30, 2014 the national and state guaranteed debt of Ukraine amounted to UAH 962.065 bn or US $74.295 bn, reported the press service of the Ministry of Finance of Ukraine.

At that, as of August 31, 2014 the national debt amounted to UAH 945.766 bn or US $69.512 bn. Thus, the debt increased by 6.88% (or US $4.783 bn) in September.

In particular, the national and external state guaranteed debt totaled UAH 549.497 bn (56.18% from the total amount of the national and state guaranteed debt) or US $41.740 bn, the national and internal state guaranteed debt - UAH 421.568 bn (43.82%) or US $32.555 bn.

The national debt of Ukraine amounted to UAH 803.483 bn (83.52% from the total amount of the national and state guaranteed debt) or US $62.048 bn, while the external national debt - to UAH 411.576 bn (42.78% from the total amount of the national and state guaranteed debt) or US $31.784 bn and the internal national debt - to UAH 391.907 bn (40.74% from the total amount of the national and state guaranteed debt) or US $30.265 bn.

The state guaranteed debt of Ukraine totaled UAH 158.582 bn (16.48%) or US $12.246 bn, in particular, external state guaranteed debt – UAH 128.921 bn (13.40%) or US $9.955 bn, and internal state guaranteed debt – UAH 29.661 bn (3.08%) or US $2.003 bn.

As a reminder, the International Monetary Fund forecasts the increase of the national debt of Ukraine by 23.6% to 102.2% of the GDP in 2014.

Source: RBC-Ukraine
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