Ukraine will pay more than $ 6 billion for the quarter
At the moment most of the external debt owed by private sector $68.8 bn
For the first quarter of 2020, the gross external debt of Ukraine decreased $1.41 billion (1.2%) and amounted to $120,33 billion, according to the national Bank.
Relative to GDP, the debt declined from 78.6% to 76%.
It is noted that the external debt of the public sector in the first quarter decreased by $0.3 billion to $51.5 billion (32.6% of GDP).
The external liabilities of the government increased by $0.1 billion to $44.6 billion (28.2% of GDP) due to net attraction from the issue of bonds of external state loan of $1.4 billion, and debt reduction on government bonds to non-residents by $0.7 billion due to exchange rate changes and net payments on loans from international partners in the $0.5 billion (IMF – $0.2 billion).
However, the external debt of the national Bank decreased due to the repayment of debt owed to the IMF by $0.4 billion to $6.9 billion
As a result of changes in foreign exchange share of external liabilities of the General state administration was reduced by $0.9 billion, of which due to changes in the SDR rate on $140 million.
At the same time private sector debt decreased YTD by $1.1 billion to us $68,8 billion (43.5% of GDP).
The national Bank said that the volume of overdue debts of the real sector on unsecured loans, including from direct investors decreased for the quarter by $1.2 billion to $21.2 billion (13.4% of GDP).
In accordance with the schedule of scheduled payments on the external debt in the third quarter of 2020 Ukraine plans to pay $6.2 billion
Katrine Johns has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Gal Post, Katrine Johns worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my firstname.lastname@example.org 1-800-268-7128