Economy

Ukraine will be able to service its foreign debt.

Monday, May 9, 2022
Ukraine will be able to service its foreign debt.

 Minister of Finance Serhiy Marchenko believes that Ukraine will be able to service its foreign debt in the near future, he said to Interfax-Ukraine. According to him, the state must pay $200M in May, and a similar payment must be made in June-August. “In September, Ukraine has to fulfill its obligations and pay $900M for Eurobonds. We are working on it now, but I would like to say that we will continue to service our debt obligations,“ said the finance minister. As reported, in 2021, Ukraine’s public and state-guaranteed debt to projected GDP fell to 51.1%, and public debt decreased to 45.2%.

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