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.

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