In April, it grew by UAH 160B as tranches of loans from the IMF and the European Union arrived. According to the Ministry of Finance, as of April 30 Ukraine’s state and state-guaranteed debt exceeded UAH 4.5T or $124.3B. In April, the debt increased in dollar terms by 4.68B. Since the beginning of the year, the state debt increased by UAH 471.37B or by $12.89B.
The national debt increased mainly because, in April Ukraine received a tranche of IMF loans for $2.7B and €1.5B of macro-financial assistance from the EU. Thanks to this, Ukraine’s international reserves increased by 12.8% to $35.9B in April. This reserve volume is a record for the past 11 years.
Furthermore, according to the latest commitments, the US has pledged to provide $9.9B in grant aid to Ukraine’s budget this year, and the EU will provide €18B in macro-financial assistance in the form of soft loans.