KYIV, Nov 14 – The plan of financing the national budget in 2020 announced by the government in the draft budget envisages borrowing on the foreign market in the amount of $4.9 billion and on the internal market in the amount of UAH 231.1 billion or $8.4 billion, state representative for public debt Yuriy Butsa has said.
"We will continue increasing the share of borrowings in national currency," he said at a conference of the Fitch Ratings in Kyiv on Thursday.
According to him, the amount of payments on public debt next year is estimated at UAH 282.1 billion ($10.3 billion) of repayment of the principal amount and UAH 141.5 billion ($5.1 billion) of interest payments. He also said that another UAH 12 billion is planned to be raised through privatization.
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