Gross State Dept of Ukraine in January-March 2008 increased by USD 8 billion, totaling USD 92.5 billion and reached 61% of GDP compared with 60.2% of GDP for the previous year, reports National Bank of Ukraine.

“The growth of state dept in the first quarter of 2008 is explained, as in the previous year, by the growth of the debt in the bank sector – by USD 3 billion or 9.8% and in the other sectors of economy – by USD 4.6 billion or 12%,” according to the report.

Altogether, private sectors of economy make 83.3% of Gross State Debt or USD 77 billion, as Interfax-Ukraine reports.


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