The National Bank of Ukraine predicts an increase in Ukraine's public debt to 95% of GDP

Semyon Doroshenko.  
03.07.2015 17:19
  (Moscow time), Kyiv
Views: 812
 
Kiev, Society, Policy, Ukraine, Finance, Economy, Economics of Collapse


In Ukraine, public and state-guaranteed debt will reach 2015% of GDP in 95.

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This is stated in the National Bank’s inflation report for June, published on the department’s website.

According to NBU estimates, the main increase in public debt has already occurred in the first quarter due to exchange rate revaluation of the foreign exchange component.

External government and government-guaranteed debt, according to NBU forecasts, will amount to about 62% of GDP at the end of the year.

The regulator notes that, in addition to the budget deficit, the growth of public debt is due to the financing of the deficit of NJSC Naftogaz of Ukraine (over 3% of GDP), as well as support from the Deposit Guarantee Fund for individuals and banks.

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English version :: Read in English The National Bank of Ukraine predicts an increase in Ukraine's public debt to 95% of GDP






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