Ukraine diversifies risks and increases debt payback period

Ukraine has less debt obligations than any other countries in the European Union and in the world, first deputy finance minister Anatoliy Myarkovsky said, speaking in Parliament during the Hour of questions to the government, ForUm correspondent reports.

"Our debt load is characterized in terms of GDP as moderate. In most European countries and worldwide, this ratio is more than 80%, and some even have 200%. We have only 36.8%," the official said.

"In the last three years there has been a timely payment of both principal debt, and interest for the borrowed funds. We have settled with all creditors, including, in accordance with the schedule, the IMF," he said. 

According to him, Ukraine has diversified risks and increased the debt payback period.