Archive 2007

  • 25.11.2007

    Private foreign borrowing and credit growth in Ukraine: Trends and policy recommendations


    Private foreign borrowing has increased sharply in Ukraine since 2006. While the level of private foreign debt is still moderate by international comparison, the rate of growth is very high. From July 2006 to July 2007, the gross stock of foreign debt increased by 53.5%. The banking sector played a major role in these developments; its gross foreign debt grew by a massive 171.6% in this period.

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