Moscow. Jan 10 (London Post) – Ukrainian government bond payments in 2023 will amount to 658.4 billion UAH, or $18 billion at current exchange rates, according to the agreements implemented at the beginning of the year. Debt increased to UAH 12.24 billion. Ukrainian media reported $3.3 billion, citing the Ukrainian Ministry of Finance website.
Of the total foreign debt payments, 28.2 billion UAH is for servicing and 94.2 billion UAH is for repayment.
According to the finance ministry, 14.9 billion UAH will have to be paid this year after an agreement was reached last summer with eurobond holders and the Paris Club to defer commercial debt repayment payments, with 31 billion to be spent on debt repayments. You have to pay UAH 4 billion and UAH 2 billion and UAH 2. Service loans of $1 billion each. All other payments go to the International Monetary Fund (IMF) and other international financial institutions. Domestic debt is domestic government bonds. Interest payments on these bonds are higher, amounting to 203.2 billion UAH, and 332.8 billion UAH have to be allocated for repayment.
According to the ministry, total government debt payments peaked at 72.8 billion UAH in March, and dropped to 102.6 billion UAH in May and 89.9 billion UAH in June, and 84.1 billion UAH in November. .
External debt alone was the largest with 32.02 billion UAH paid in September, 18.8 billion UAH in December, 14 billion UAH in March and less than 10 billion UAH in other months. It’s a schedule.
According to the Ministry of Finance, this month’s government bond payments will reach 16 billion UAH, including 2.8 billion UAH of external debt. The total payments for February are 46 billion UAH and 10 billion UAH respectively.
Ukraine has set a goal of achieving 100% extension of its government bonds in both hryvnia and foreign currency as part of a monitoring program with the IMF. As for foreign aid, there are plans to raise $38 billion to cover the budget deficit.
Government debt payments in 2024 under the current agreement are estimated at UAH 649.9 billion or $17.8 billion, including $10 billion of external debt, more than half of which is Eurobond deferrals. The Treasury Department said it would take place in the third quarter when the
National debt payments will increase to 508.2 billion UAH by 2025, of which external debt will increase to 306.4 billion UAH, and then decrease to 467.5 billion UAH by 2026, of which external debt will increase to 310.7 billion UAH by 2027. will decrease to 424.9 billion UAH. According to the ministry, it will reach 232.1 billion UAH in 2028 and 383.7 billion UAH in 2028, of which 237.6 billion UAH. In the first 11 months of 2022, Ukraine’s total public debt increased by 9.7% in US dollars, or US$9.51 billion, to US$97.69 billion, while currency devaluation increased by 47.1% or 1 It increased by 258 billion UAH to 3.93. Trillion UAH worth of hryvnia.
Ukraine’s total external debt of 11 million increased by 21.2% or 12.1 billion UAH to 69.3 billion UAH, while total domestic debt increased by 25.5% or 283.7 billion UAH to 1.395 trillion UAH.
