Finance

Government borrowing last year amounted to almost UAH 603B.

Thursday, January 6, 2022
Government borrowing last year amounted to almost UAH 603B.

Actual government borrowing for the 2021 state budget general fund amounted to UAH 602.8B ($22M) or 86.2% of the planned amount for this period, announced the Ministry of Finance. UAH 388.3B ($14B) was attracted from the placement of IGLBs to finance the state budget, including UAH 108.9B in foreign currency ($3.1B and € 778.1M). Also, UAH 192.8B ($7.09B) was attracted from external sources. At the same time, payments on public debt repayment for January-December 2021 amounted to UAH 441.1B (94.2% of the plan), and service payments – UAH150B (98.6% of the plan).

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