Ukraine's state debt down 1.3% in August
KYIV. Sept 26 (Interfax) - Ukraine's total state (direct) and guaranteed debt decreased 1.3%, or $690 million, to $68.35 billion last month, the Ministry of Finance reported.
According to the ministry's website, since the beginning of the year the state debt increased by 6%, or $3.86 billion.
The total domestic debt in August decreased 0.2%, but since the beginning of the year it was up 25% and by the end of August stood at $32.29 billion. The total foreign debt last month declined 2.2%, since the beginning of the year 6.7%, to $36.06 billion.
This is due to the fact that the Finance Ministry actively placed not only hryvna-denominated bonds, but state domestic loan bonds in foreign currency. The ministry has not clarified which part of the domestic debt as of late August is denominated in foreign currency.
As reported, in 2012 the total state debt of Ukraine increased by $5.27 billion, or 8.9%, in particular the internal debt rose 18.8% and the foreign debt 3.1%.
Ukraine will have to repay about $9 billion on foreign debts this year.