• Українською
  • Ukraine will continue to meet its commitments to creditors to the fullest extent
    Communications Department of the Secretariat of the CMU, posted 24 March 2020 00:57

    The Government amid new challenges sees no grounds for restructuring the national debt and urges not to speculate on debt policy.

    Ukraine enters difficult times with much stronger positions than it was during previous crises: international reserves at the highest level in recent years, inflation at a record low rate, the state budget - balanced, and the national debt to GDP ratio dropped to a record 44.3 %.

    “Ukraine is more prepared for the potential crisis than in 2008. We have significant reserves and high bank liquidity and much better macroeconomic indicators,” Prime Minister of Ukraine Denys Shmyhal underscored.

    Despite of a tough situation caused by the spread of the coronavirus, the Ministry of Finance continues to implement the Medium-Term Debt Management Strategy, has diversified sources of financing for the state budget and will continue to meet its commitments.

    Ukraine will continue to meet its commitments to creditors to the fullest extent