Ukraine to repay about $4.6 bln in foreign debt in 2019

Ukraine to repay about $4.6 bln in foreign debt in 2019

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Ukrinform
Ukraine will have to repay foreign debt worth about $4.6 billion in 2019, Deputy Finance Minister Yuriy Butsa has told the Ekonomichna Pravda online news site.

"We will have the first peak load in 2019, as we will have to repay foreign debt worth about $4.6 billion. The state is fulfilling on time all of its obligations on the servicing and repayment [of foreign debt]," Butsa said.

He noted that in order to pay such an amount in 2019, Ukraine should be present on foreign borrowing markets. This is a normal policy of managing public debt, when such debt is refinanced due to new borrowings, he said.

"Therefore, our strategic goal is a full-fledged presence on foreign markets," Butsa added.

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