12:46 19.10.2018

Ukraine retains plans to borrow $2 bln on foreign markets by late 2018 – Finance minister

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Ukraine retains plans to borrow $2 bln on foreign markets by late 2018 – Finance minister

Ukraine has not quit plans to borrow $2 billion on foreign markets in 2018 for the first half of the year, acting Finance Minister of Ukraine Oksana Markarova has said.

"Almost $ 2 billion should have been borrowed [at the beginning of the year]. And we are still planning to attract the funds," she said at the debate organized by the Novoye Vremia newspaper from the Ukraine 2020 series in Kyiv on October 18.

Markarova said that the plans to attract funds from international financial institutions and issue eurobonds are being considered.

The finance minister said that in 2018, the maximum amount of the deficit, approved by the national budget, "will be met for sure."

"I hope that it will be possible to get all the revenues and get all the funding, and if not, we will make a change in financial terms to keep to the benchmarks," Markarova said, adding that in past months the national budget met revenue targets by almost 100%.

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