Almost one-third of next year’s state budget will go for servicing and repaying Ukraine’s public debt

Monday, September 23, 2019
Almost one-third of next year’s state budget will go for servicing and repaying Ukraine’s public debt

Almost one-third of next year’s state budget will go for servicing and repaying Ukraine’s public debt, Finance Minister Oksana Markarova told the Rada Friday. By the end of 2020, Ukraine’s debt to GDP ratio is to fall to 46.7%, she said. The draft budget is based on 3.3% GDP growth, slightly higher than the forecast for this year.

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