The World Bank improved its forecast regarding the level of public and publicly guaranteed debt in 2018 - to 67.2% from 75.1% of GDP, to 64.8% from 73.5% of GDP in 2019 and to 62.4% from 68.4% of GDP in 2020,
according to the economic review of the World Bank in Ukraine, HB reports quoting Interfax-Ukraine.
According to the forecast, in 2021, this figure is expected to be 58.4% of GDP.
Earlier, the President of Ukraine Petro Poroshenko noted a sharp reduction in the national debt of Ukraine.
It should be reminded that the total public (direct) and state-guaranteed debt of Ukraine in dollar terms in 2017 increased by 7.5%, or $5.3 billion - to $76.3 billion, in hryvnia - by 11%, or 211.9 billion UAH - up to 2.1 trillion UAH.
At the end of the first half of 2018, the national debt amounted to 1.7 trillion UAH, or $66.1 billion, including external debt - $37.5 billion, and the total - almost 2 trillion UAH, or $76.3 billion.
In late August, 2018, the government of Ukraine revised the medium-term government debt management strategy, setting more stringent targets to reduce direct government debt in relation to GDP, in particular, to reduce it to 60% of GDP by the end of the current debt instead of the previously planned level of 62% of GDP. The document proposes to reach 52% by the end of next year and to have a debt of no more than 49% of GDP by the end of 2020.
