April 19, 2024

State debt of Ukraine rose to $ 90 billion

State debt of Ukraine rose to $ 90 billion

The Ukrainian government continues to accumulate debt amid an economic recession and depreciationdollar.

According to official data, government debt isthe end of 2020 is estimated at 2 551.94 trillion hryvnia or 90.26 billion dollars. This means that the national debt grew by $6.05 billion over the past year.

The bulk of the debt comes from external loans– $53.72 billion. Domestic borrowings account for $36.53 billion. Another article – guarantees for borrowings from other borrowers – is 10 billion dollars.

A third of the country's budget goes to service such an amount of public debt. Over the past year, each Ukrainian paid 3 thousand hryvnia, or $ 106, out of his own pocket to pay off payments on the state debt.

Last year, covering the state debt cost the treasury 357.4 billion hryvnia. Every seventh hryvnia from the state budget was spent on its repayment.

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