Ukraine's aggregate direct and guaranteed state debt grew by 4.3 percent or $2.9 billion in June-August 2015, to $70.56 billion, as Ukraine received the second tranche of the International Monetary Fund (IMF) loan of $1.7 billion and other international financial aid, Finance Ministry of Ukraine reported on its website on Oct. 6.
Thanks to the stable hryvnia exchange rate, state debt in hryvnias grew by 5 percent or Hr 70.76 billion, to Hr 1.495 trillion.
However, due to the sharp devaluation in the first two months of this year, since early 2015 the aggregate state debt in hryvnias soared by 35.8 percent or Hr 394.1 billion, while the debt in foreign currency rose by 1.1 percent or $750 million.
The ministry said that the total foreign debt grew by 5.9 percent or $2.57 billion in summer, to $46.09 billion. Since early 2015, it has increased by 18.8 percent or $7.28 billion, and its share of the total state debt grew from 55.6 percent to 65.3 percent.
As reported, Ukraine’s total state debt fell by 4.6 percent in 2014, from $73.162 billion.
