Over US$21 bln to be spent on public debt payments in 2021 – finance minister.

REUTERS

REUTERS

Ukrainian Finance Minister Serhiy Marchenko says the draft national budget for 2021, which was approved by the Cabinet of Ministers on September 14, 2020, provides for the allocation of UAH 599.8 billion (US$21.4 billion) for the repayment and servicing of the public debt.

In particular, UAH 439.3 billion (US$15.7 billion) will be spent to pay off the public debt, while UAH 160.5 billion (US$5.7 billion) will be spent on debt servicing, he told a briefing on Monday, as reported by an UNIAN correspondent.

Read also Int'l reserves exceed $ 29 bln Noteworthy, payments on official loans are estimated at UAH 2.4 billion (US$85.7 million), those on loans from international financial organizations at UAH 43.8 billion (US$1.6 billion), and payments on commercial loans at UAH 112.3 billion (US$4 billion).

Another UAH 112 billion (US$4 billion) is envisaged for payments on government domestic loan bonds in foreign currency and UAH 328.6 billion (US$11.7 billion) for payments on those in Ukraine's national currency.

2021 Budget: latest

Author: UNIAN

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