Gross foreign debt of Ukraine amounted to 114 billion dollars. Is this much or little?
As of July 1, 2017, Ukraine's gross foreign debt amounted to 114.836 billion dollars, which is 163 million dollars less than on 1.07.2016.
Causes:
- the banks of Ukraine for the period from July 1, 2013 to July 1, 2017 repaid external debts of $ 3.7 billion
- the commercial structures of Ukraine for the period from July 1, 2016 to July 1, 2017 additionally borrowed 208 million dollars
- the Government of Ukraine for the period from 1 July 2016 to 1 July 2017 took a debt of 2.784 billion dollars.
CONCLUSION
In fact, the government of Ukraine is forced to constantly borrow, so that business and banks can settle on old debts. Is it dangerous. Now the government of Ukraine more and more climbs into foreign debts. Because international investors do not want or are afraid to lend to Ukrainian business. The government of Ukraine placed eurobonds for $ 3 billion. The dangerous trend continues.
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