Ukraine's further economic stability depends on external financial support

15:36, 14.02.2018 1 min read

Prime Minister of Ukraine Volodymyr Groysman notes the dependence of the country's economy on external financial support.

"We are spending UAH 130 billion on external debt servicing. We cannot independently develop the economy without external financial support," he said, presenting the results of the Cabinet of Ministers' work for 2017 at a government session.

According to the prime minister, Ukraine in 2014-2015 saw public debt rise by $5 billion.

As reported, the aggregate state (direct) and state-guaranteed debt of Ukraine in December 2017 decreased by 0.03%, or $30 million, to $76.31 billion. In the national currency, state debt increased by 3.86%, or by UAH 79.67 billion, to UAH 2.142 trillion.

In 2017, the aggregate state (direct) and state-guaranteed debt in dollar terms increased by 7.52%, or by $5.33 billion, in the hryvnia by 10.98%, or by UAH 211.91 billion.