“Ukraine’s gross foreign debt grew 0.9 percent in the first quarter from the previous three months as government, banks and companies tapped international markets,” Boomberg reports.
Debt rose to $136.3 billion as of April 1, equal to 76.9 percent of gross domestic product, from $135.1 billion on Jan. 1, the Ukraine National Bank, based in the capital, Kiev, said today on its website.
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More than 76 percent of the total was denominated in dollars, the central bank said.
Short-term debt that matures in the next 12 months fell 0.2 percent to $60.1 billion in the first quarter, according to the central bank.
