17:17 18.09.2017

Ukraine's gross foreign debt 1.05% up in Q2, 2017

2 min read
Ukraine's gross foreign debt 1.05% up in Q2, 2017

Ukraine's gross external debt as of early July 2017 was $114.836 billion, which is 1.05% more than at the beginning of the year, according to the website of the National Bank of Ukraine (NBU).

Since the beginning of the year, the gross external debt of the country has increased by 1.16%.

According to the central bank, the debt of the state administration in April-June increased by 2.36%, to $37.315 billion, NBU liabilities by 18.45%, to $7.582 billion. Dynamics from the beginning of the year was 2.59% and 21.47% respectively. The government debt and NBU liabilities are represented exclusively by long-term borrowings.

The liabilities of other sectors in the reporting period increased by 1.44%, to $54.089 billion, those on direct investments rose to $9.09 billion from $9.007 billion. The growth of these figures since the beginning of the year was 1.44% and 5.29% respectively.

At the same time, deposit corporations reduced their debt by 19.76%, to $6.78 billion. The decrease since the beginning of the year amounted to 24.38%.

The lion's share of gross external debt is represented in U.S. dollars - 71.5%. Another 12.7% are liabilities in SDR (special drawing rights) and 12.2% in euros.

The National Bank said net external assets as of the beginning of July amounted to $583 million, while by the end of the first quarter net gross external debt stood at $1.275 billion.

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