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State budget-2017: Ukraine seeks to borrow $3 billion abroad

In 2017, Ukraine seeks to borrow almost 175 billion hryvnias (about $7 billion), including almost 71 billion hryvnias (about $2.8 billion) abroad, according to the draft state budget for 2017.

In the domestic market, the government is expected to borrow 103.9 billion hryvnias (about $4.2 billion). “As a result, foreign borrowings in 2017 will account for 40.6% of total, while the domestic ones will account for 59.4% of total,” says the explanatory note to the state budget.

EADaily reported earlier that the state budget for 2017 envisaged a 3% GDP growth. This aroused indignation of Oleg Lyashko, leader of the Radical Party of Ukraine.

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