State borrowings to budget exceed UAH 1.2 trillion since year-start

That’s according to the Finance Ministry’s press service, Ukrinform reports.

"Actual state borrowings to the state budget’s general fund in January-September 2023 amounted to UAH 1,219.4 billion, or 89.0% of the plan for this period," the report says.

According to the Finance Ministry, from the placement of government bonds, UAH 388.2 billion was raised, including UAH 120.6 billion in foreign currency (USD 2,525.7 million and EUR 709.3 million), to finance the state budget. In addition, UAH 183.2 billion was attracted from the issuance of military government bonds.

Payments for repayment of the state debt in January-September 2023 amounted to UAH 350.3 billion (95.9% of the plan), debt service payments came to UAH 172.2 billion (94.1% of the plan).

As reported by Ukrinform, state borrowings to the general fund of the state budget in 2022 amounted to UAH 1,261.1 billion.