The Kyiv Post welcomes feedback about our new website and we stand ready to fix any problems users might encounter in our test phase. Contact us at: news@kyivpost.com or +38-044-591-3344. Thank you!

Share Tweet Pocket Add to Bookmarks
You're reading: Yanukovych notes reduction in Ukraine’s foreign debt

Ukraine's foreign debt is falling, Ukrainian President Viktor Yanukovych has said.

"Last year we returned about Hr 80 billion from the budget, and the year before, in 2010, the figure was about Hr 90 billion. The load for this year is falling, and we will return a little more than Hr 60 billion. This means that the amount of the debt to be returned is falling," he said at a meeting with representatives of religious organizations in Kyiv on Wednesday.

An Interfax-Ukraine reporter said that the head of state devoted a large part of his conversation with religious leaders to economic issues. In particular, he noted that after the first quarter of the year, the state budget for 2012 would be revised upward and that it was planned to equalize the level of the living wage and the level of minimum pensions and the minimum wage, after which "there will be an increase."

Yanukovych said that the state budget would be increased at the expense of economic growth, in particular, due to an increase in production and foreign trade.

Found a spelling error? Let us know – highlight it and press Ctrl + Enter.

Advertisement

Add comment

Sorry, you must be logged in to post a comment.
More in this section
Attention

Add a picture
Choose file
Add a quote
Attention

Are you sure you want to delete your comment?

Attention

Are you sure you want to delete all user's comments?

Attention

Are you sure you want to unapprove user's comment?

Attention

Are you sure you want to move to spam user's comment?

Attention

Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: