Ukraine’s public debt in national currency drops by 2.7 percent
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In November 2019, Ukraine’s public and publicly guaranteed debt in national currency dropped by 2.67%, compared to October, to UAH 1.990 billion.
"In November 2019, a decrease in the aggregate public and publicly guaranteed debt was recorded. For a month, the sum of public and publicly guaranteed debt in the national currency decreased by 2.67% (compared to October) and reached the lowest level over the past two years – UAH 1.990 billion," the press service of the Ministry of Finance of Ukraine reports.

At the same time, the USD equivalent rose by 1.2% up to $82.83 billion in November.

In November, the state budget expenditure on public debt repayment totaled UAH 19.8 billion; expenditure on servicing – UAH 16.8 billion.

Since the beginning of 2019, Ukraine’s public and publicly guaranteed debt in national currency decreased by 8.19% but increased in foreign currency equivalent by 5.75%. The Finance Ministry notes that the public debt amount fluctuations are caused, in particular, by the strengthening of the national currency.

As of October 31, 2019, Ukraine’s public and publicly guaranteed debt was UAH 2,045,44 billion or USD 81.83 billion, the Finance Ministry reported.