Ukraine's gross external debt 1.47% down in H1, 2018
The gross foreign debt of Ukraine as of the beginning of July 2018 was $113.751 billion, which is 1.47% or $1.7 billion less than at the beginning of the year, according to the website of the National Bank of Ukraine (NBU).
According to the central bank, the debt of the state administration for the first half of the year decreased by 1.98%, to $38.118 billion, that of the NBU by 6.1%, to $6.984 billion, deposit corporations by 5.27%, to $5.9 billion, other sectors by 0.57%, to $53.042 billion. The volume of liabilities on direct investment increased by 1.62%, to $9.707 billion.
The NBU's liabilities and almost the entire government debt are represented by long-term borrowings.
The lion's share of gross external debt is denominated in U.S. dollars - 72%. Another 12.9% are liabilities in euros, 11.2% in SDR (special drawing rights).
The National Bank also said that net gross external assets by the end of June 2018 rose to $7.968 billion from $5.032 billion at the end of April and $4.111 billion at the end of 2017.
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