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Internal borrowings in foreign currency allow the Cabinet of Ministers of Ukraine not only to attract funds to the budget and increase the foreign exchange reserves, but also to respond quickly to the external economic challenges, first deputy finance minister Anatoliy Myarkovsky said, speaking in Parliament during the Hour of questions to the government, ForUm correspondent reports.
"Instruments in foreign currency give us the opportunity to attract funds to the budget and increase the gold reserves. They also allow us to respond quickly to the unstable situation in foreign markets and allow the government to attract the resources available in the state," he said.
Myarkovsky predicts that in 2014, for the first time over the last ten years, the share of internal state debt will exceed the share of external debt and will amount to 51.3%.