Ukraine annually spends UAH 130 bln on debt servicing

Ukraine annually spends UAH 130 billion on servicing of state debt, Ukrainian Prime Minister Volodymyr Groysman has said.

"We spend UAH 130 billion every year on servicing alone. It's only interest. We'll have to repay UAH 30 billion in next periods," he said during debates on a revamped debt servicing strategy at a government meeting on Wednesday, August 22.

"We've got quite good dynamics to minimize that debt in the medium- and long-term outlook," he added.