Ukraine State Debt Grew 1.3% in March, Finance Ministry Says

Ukraine’s state debt, including guarantees, rose 1.3 percent last month as the government increased local borrowing.

Debt climbed to $67.4 billion on March 31 from $66.55 billion at the end of February, the Finance Ministry, based in the capital, Kiev, said today in a statement on its website.

Domestic debt advanced to $27.1 billion from $26 billion, while foreign debt declined to $26.3 billion from $26.5 billion, according to the statement.

More than 42 percent of Ukraine’s state debt is denominated in dollars, while 36 percent is in hryvnia, according to the ministry.

To contact the reporter on this story: Daryna Krasnolutska in Kiev at dkrasnolutsk@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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