Ukrainian state debt has increased over the year twice.

KommentariiPredvyborny kredit10.02.2009Premer Minister of Ukraine has requested assistance from KremlyaSovokupny public and publicly guaranteed debt of Ukraine for 2008 increased in 2,1 times up to 189 billion hryvnia. If you take it in dollar terms, it increased over 12 months, only 40 per cent - to 24.6 billion dollars, said the publication "Korrespondent.net" referring to the country's Ministry of Finance data.
Earlier in the Ministry of Finance reported that the debt increased by 37.3 per cent in dollar terms. Of the total 18.5 billion dollars of external debt and domestic - a little over six billion. He in 2008 grew faster than the outside is almost doubled.
In the second half of 2008, Ukraine was forced to ask international organizations to grant the loan because of the budget deficit resulting from the global financial crisis.
In particular, Ukraine reached agreement with the International Monetary Fund for a loan of 16.5 billion dollars. The first tranche of the loan was received at the end of 2008 and totaled 33.2 billion hryvnia. In 2009, the Ministry of Finance of Ukraine began to conduct further negotiations for a loan of five billion dollars with Russia.
In addition, as the reasons for the increase in debt MinFin called domestic loan bonds to increase the statutory capital of banks and to replenish the Stabilization Fund. Also influenced by the increase in debt and the devaluation of hryvnia against major world currencies.