2019-04-15 12:00:00
UKRAINE'S DEBT UP TO $78 BLN
IFU - The ratio of Ukraine's total state debt to gross domestic product (GDP) after falling from 71.9% of GDP in 2017 to 63.9% in 2018 will decrease to 62% by the end of this year, this forecast is contained in the updated World Economic Outlook (WEO), promulgated by the International Monetary Fund.
According to the report, this figure will continue to decline in the following years: in 2020 to 57.9%, in 2021 to 53.8% of GDP, in 2022 to 49.8% of GDP, in 2023 to 46.2%, and in 2024 to 43.7%.
At the same time, in absolute terms, the aggregate national debt will continue to grow, according to IMF experts. According to their estimates, by the end of this year it will reach UAH 2.4 trillion, the next year some UAH 2.55 trillion, and by the end of 2024 it will amount to UAH 2.89 trillion.
Finance Minister Oksana Markarova reported that the updated medium-term government debt management strategy for three years, prepared by the Ministry of Finance, sets more ambitious goals to reduce the direct public debt to GDP ratio to 50.5% by the end of this year and to 41.4% in three years and a more rapid development of the local borrowing market.
As reported, with reference to the Ministry of Finance, the ratio of the total state (direct) and guaranteed debt of Ukraine to GDP over 2018 decreased to 62.7% from 71.8%, in particular direct debt from 62% to 52.3%.
In absolute terms, the cumulative national debt of Ukraine in 2018 increased by 1.3%, to UAH 2.169 trillion, and in U.S. dollar terms by 2.5%, to $78.32 billion.
-----
Earlier:
2019, April, 12, 11:25:00
NORD STREAM 2 TIMING
Gazprom would be able to honor its minimum contractual commitments to EU customers without Nord Stream 2 or Ukrainian gas transit from January 1, 2020
2019, April, 10, 11:30:00
РОССИЙСКО - ТУРЕЦКОЕ СОТРУДНИЧЕСТВО
Российско-турецкое взаимодействие в энергетической сфере приобрело стратегический характер, подчеркнул Президент России.
“Россия остается крупнейшим поставщиком природного газа в Турцию, в 2018 году было поставлено 24 млрд куб м российского газа, это, кстати, покрывает почти половину от всех потребностей страны”, - отметил Владимир Путин.
2019, April, 10, 10:55:00
BULGARIA'S TURKSTREAM
Bulgaria, which is heavily dependent on Russian gas for its domestic needs, will lose hefty transit fees when TurkStream becomes operational at the end of this year and Gazprom stops its gas deliveries to Turkey, Greece and Macedonia via Bulgaria in 2020.
2019, April, 8, 12:05:00
СОВМЕСТНАЯ РАБОТА РОССИИ И ГЕРМАНИИ
В ходе переговоров Александр Новак обсудил с Экхардом Рюммлером текущие вопросы двустороннего сотрудничества, в том числе проекты компании в России в части генерации электроэнергии, а также строительство газопровода «Северный поток-2».
2019, April, 5, 10:35:00
NORD STREAM 2 RULES
The EU section of Russia's planned 55 Bcm/year Nord Stream 2 gas link to Germany could face tariff regulation from March at the latest after the European Parliament signed off changes to the EU's gas directive on Thursday.
2019, March, 25, 11:25:00
RUSSIAN GAS FOR UKRAINE
Gazprom is ready to continue the contract for gas transit to European countries with Ukraine, Chief Executive Officer of the Russian gas holding Alexei Miller said on Friday at a meeting of the Russian Prime Minister with Ukrainian politicians.
