You're reading: Ukraine’s gross foreign debt in Q2 climbs by 0.8 percent, to $127 bln

Ukraine's gross foreign debt as of July 1, 2015, totaled $126.98 billion, which was 0.8%, or $1.01 billion up on April 1, 2015, the National Bank of Ukraine reported on Friday.

The debt grew due to an increase in borrowings in the public administration sector by 3.7%, or $1.29 billion, to $35.89 billion, while the National Bank of Ukraine saw a 13.2% increase, or by $0.76 billion, to $6.57 billion.

Other sectors of the economy boosted foreign liabilities by a mere 0.4%, or $0.21 billion, while deposit corporations even managed to lower their debt by 8%, or $1.37 billion, to $15.74 billion.

The National Bank of Ukraine also said that inter-corporation debts owed by companies with direct investment grew slightly – by 1.2%, or $0.11 billion, to $9.74 billion.