Business news from Ukraine

UKRAINE’S STATE DEBT GROWS IN U.S. DOLLARS BUT DECREASES IN HRYVNIAS

26 June , 2021  

The total public debt of Ukraine in May 2021 grew by 0.21% in U.S. dollars, to $91.52 billion and decreased by 0.69% in hryvnias, to UAH 2.516 trillion, according to data on the website of the Ministry of Finance, published in Friday.

According to the Ministry of Finance, direct public debt in May this year in U.S. dollars increased 0.16%, to $81.5 billion, in hryvnias it decreased 0.75%, to UAH 2.241 trillion.

External direct debt in the past month in U.S. dollars grew by 0.16%, to $45.19 billion, and in hryvnias it decreased 0.74%, to UAH 1.242 trillion.

The state-guaranteed debt in May in U.S. dollars increased by 0.7%, to $10.02 billion, in hryvnias it decreased 0.26%, to UAH 275.54 billion, according to the ministry’s data.

According to them, since the beginning of 2021, the total national debt of Ukraine has grown by 1.4% in U.S. dollars and by 17.51% in hryvnias.

According to the Ministry of Finance, the share of liabilities in U.S. dollars of the overall government debt in May increased to 36.21%, in hryvnias it also grew to 36.21%, in SDR it rose to 13.59%, but the share of liabilities in euros decreased to 13. 39%, and in yen to 0.59%.

The official U.S. dollar rate, at which the Ministry of Finance calculates the debt, strengthened to UAH 27.50/$1 in May compared to UAH 27.75/$1 in April, and UAH 27.88/$1 in March.

,