Finance ministry plans to roll over some loans by late 2018 to smooth payment peak in 2019

11:07, 27.07.2018 1 min read

Ukraine's Finance Ministry plans to roll over some government domestic loan bonds at the end of the year to smooth the payment peak under liabilities in 2019, acting Finance Minister Oksana Markarova has said.

"Last year's transaction, in addition to raising funds to the budget, allowed achieving this. I hope we will come out with the same transaction closer to the end of the year. We will continue proactive management of the public debt," she said in an interview with Interfax-Ukraine.

As reported, Ukraine's state debt will be UAH 215 billion in 2018, the Economic Development and Trade Ministry of Ukraine said in the forecasts for the social and economic development of Ukraine in 2019-2021 approved on July 11.

According to the state debt management program approved by the Cabinet of Ministers of Ukraine at the beginning of 2018, the Finance Ministry of Ukraine was planning to place debt tools for UAH 231.96 billion, including UAH 108.2 billion on foreign markets.