Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

Ukraine to cut state borrowings by 24 percent in 2017

December 29, 2016


Abstract : The Ukrainian government next year targets to cut the state borrowings by 24 percent to 7.16 billion U.S. dollars, according to a cabinet's budget support plan unveiled here on late Tuesday.

KIEV, Dec. 28 (Xinhua) -- The Ukrainian government next year targets to cut the state borrowings by 24 percent to 7.16 billion U.S. dollars, according to a cabinet's budget support plan unveiled here on late Tuesday.

Out of the total sum, some 3.26 billion dollars will be attracted from international creditors, while the rest will be sourced locally, the document said.

In 2017, Ukraine will spend a total of 8.97 billion dollars to repay and serve its debts to foreign and domestic lenders, it said.

At the end of October, Ukraine's state debt stood at 55.5 billion dollars or 65.5 percent of the projected gross domestic product for 2016.

Scan the QR code and push it to your mobile phone

Keyword: Ukraine state-borrowing

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial