KYIV, Aug 26 - The government has revised the medium-term strategy of public debt management by setting more ambitious goals to reduce direct state debt in relation to GDP, in particular, to 60% of GDP by the end of the current year, instead of the previously planned 62% of GDP.

"Our strategy and goals are very ambitious: to reach 60% by the end of this year, 52% [by the end of] next year and to secure no more than 49% of GDP by the end of 2020. This is a more ambitious target than the one we set earlier," Acting Finance Minister Oksana Markarova said.