Moody's forecasts Ukraine a huge public debt

30 January 2018, 22:17 | Economy
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At the same time, the current account deficit in Ukraine's balance of payments this year will be 5.5% of GDP. This is stated in the report of the agency. According to analysts of the agency, the total external public debt will reach 104.6% of GDP.

As of January 29, the ratings of eight of the ten sovereign issuers have a stable outlook, and the ratings of Russia (Ba1 "positive") and Ukraine (Caa2 "positive") have a positive outlook.

In addition, analysts believe that the uncertain political situation in Ukraine, as well as negative trends in geopolitics will contribute to the more restrained sentiment of foreign investors towards our country.

At the same time, the agency's experts note that cooperation with the IMF led to the continuation of institutional strengthening in Ukraine.

Recall, according to URA-Inform, according to the forecasts of the Ministry of Finance of Ukraine, by the end of this year the ratio of public debt to GDP will grow from the expected 75.6% in 2017 to 82.4%. In general, by the end of 2018, the national debt should not exceed 2.756 trillion hryvnia.




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