Friday 20 September 2013

Ukraine external debt decreases to 76% of GDP in 2Q13 - Ukraine Business Online

Ukraine external debt decreases to 76% of GDP in 2Q13 - Ukraine - News - Ukraine Business Online:

"Ukraine’s gross external debt decreased 1.4% (USD 1.9 bln) in 2Q13 to USD 134.4 bln, or 75.7% of GDP as of July 1, according to the National Bank of Ukraine, Concorde Capital told its clients in analysis provided yesterday.

Short-term external debt declined 1.7% to USD 62.1 bln in 2Q13, including USD 28.6 bln in long-term debt maturing through the year.

Concorde analyst Alexander Paraschiy added: “Both private sector and state organs have been paying back their debts throughout the quarter. In particular, the NBU repaid USD 717 mln and the state repaid USD 403 mln. The banking sector also returned USD 617 mln."

'via Blog this'

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