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Ukraine is increasing its national debt, but its value has decreased by 10.3% since the beginning of the year.

Ukraine’s national debt increased by 54% during the first two years of the war.

Держборг України зріс внаслідок запозичень на внутрішньому ринку.

As of June 30, the state and state-guaranteed debt of Ukraine amounted to ₴6.16T ($152.2B), including external debt – ₴4.45T ($109.9B), internal debt – ₴1.71T ($42.2B), the Ministry of Finance said in a statement.

In the second quarter, the total volume of state and state-guaranteed debt of Ukraine increased in hryvnia equivalent by ₴243.7B ($1.1B), mainly due to an increase in long-term preferential financing from international partners. At the same time, since the beginning of the year through June 30, foreign debt has decreased in value: its weighted average value has decreased from 6.24% to 5.6%.

The main share of state and guaranteed debt is soft loans from international financial organizations and foreign governments – 54%, securities issued on the domestic market – 27%, securities issued on the foreign market – 16%, and loans received from commercial banks and other financial institutions – 3%.

 

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