Categories: economy

The national Bank estimated Ukraine’s debt

Ukraine must pay on its foreign debt of $11 billion until 2019.

Until 2019, Ukraine should repay its foreign debt of $11 billion.

This was stated by the Deputy head of the NBU Dmitry Sologub in an interview finbalance.

“There are different estimates of the amount of the payment, because there is the question of what to consider. That is, payments of the Ministry of Finance on external debt, the national Bank – the obligations to the IMF, disbursements of state-owned companies payments on foreign bonds. In total, by 2019 we will need to pay about $11 billion. However, if you look at the balance of funding under the IMF program ($10 billion), the payments do not look too heavy.” – he explained.

According to him, the risks 2019-2020 not seem so significant if you take into account the possibility of raising capital on international markets, a program with the world Bank, EBRD, EU and others. At the same time, Sologub noted that, if there are delays, variations are possible.

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