Groysman: Ukraine’s foreign debt amounts to 80% of GDP

Groysman: Ukraine’s foreign debt amounts to 80% of GDP

The size of Ukraine's external debt has amounted to 80% of the country's gross domestic product.

Ukrainian Prime Minister Volodymyr Groysman said this at the Ukraine Reform Conference in London on July 6, an Ukrinform correspondent reported.

"External public debt amounts to 80% of the gross domestic product. This is a huge burden for our country. The deficit of the Pension Fund’s budget is 5% of GDP," Groysman said.

According to him, Ukraine has to spend a lot of money on security and defense because of Russia's aggression. There are also other challenges that have to be overcome, he added.

Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the internet that are open to search systems, hyperlinks to not lower than the first paragraph are mandatory. Citing and using materials in ofline-media, mobile apps, SmartTV are allowed only with receipt of a written permission from "". Materials marked Advertising are published based on the advertising rights.

© 2015-2018 Ukrinform. All rights reserved.

Website design Studio Laconica
Extended searchHide extended search
By period: