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Ukraine’s public debt will be cut to 56.9% of GDP by the end of 2021 and to 47% by 2024

Friday, December 10, 2021
Ukraine’s public debt will be cut to 56.9% of GDP by the end of 2021 and to 47% by 2024

, announced the Ministry of Finance. Among the goals are:

  • to decrease public debt by the end of 2024 to 47% of GDP;
  • increase in debt denominated in the national currency to 51% of GDP;
  • to extend the average maturity and ensure an even repayment schedule of public debt; and
  • Attract long-term concessional financing, develop strong investor relations, and further improve the state debt management policy.

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