Ukraine’s national debt increased by $4.4 billion in April – Kommersant
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As of April 30, the state debt of Ukraine amounted to $124.3 billion, said Daniil Getmantsev, chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy. Telegram. According to him, in April, Ukraine’s public debt increased by $4.4 billion.
Mr. Hetmantsev said that the growth of public debt in April was primarily due to the attraction of the first tranche under the Extended Financing Program (EFF) of Ukraine from the International Monetary Fund in the amount of $2.7 billion. In addition, in April, the growth of public debt was affected by the third tranche of the current year EU macro-financial assistance (€1.5 billion).
The MP specified that external debt in the structure of public debt is 66.9%, internal – 33.1%, and public debt in foreign currency accounts for 69.8% of the total debt.
According to Daniil Getmantsev, after the start of the military conflict with Russia, Ukraine’s public debt in foreign currency terms increased by a third (+$31 billion). At the same time, 85% of the growth is external debt, which is provided on “exclusively favorable terms,” the deputy stressed.
In addition, Mr. Hetmantsev noted that over the four months of 2023, the burden of debt payments on the budget of Ukraine decreased by 20%. This is due to the restructuring of a number of Ukraine’s debts, in particular, payments on Eurobonds, GDP warrants, debts to the Paris Club, as well as debts of state corporations guaranteed by the state, the deputy said.
In March, the national debt of Ukraine increased by $3.9 billion and amounted to $119.9 billion. informed Bloomberg March 25, Ukraine’s creditors have postponed payments on external debt until 2027. According to the National Bank of Ukraine, the volume of external debt by the end of 2022 amounted to $132 billion (89% of GDP).
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