The Verkhovna Rada of Ukraine has set the maximum size of Ukraine's external debt by the end of this year at 8,317.1 million dollars instead of the 9,285.5 million dollars envisaged by the previous version of the law on the state budget. This is stated in the amendments to the law "On the State Budget for 2005". \n \nThe Rada set the maximum size of domestic debt by the end of 2005 at 18,256.8 million hryvnias and 1,133.9 million dollars (instead of 15,784.1 million hryvnias and 1,133.9 million dollars). \n \nThe parliament also approved the government's initiative to refuse to provide state guarantees in 2005 for loans by Ukrainian companies. \n \nRecall that on March 25 the Verkhovna Rada decided to increase state budget revenues for 2005 from 86.5 billion hryvnias to 106.135 billion hryvnias, expenditures - from 95.5 billion hryvnias to 114.081 billion hryvnias, and reduced the deficit from 8.6 billion hryvnias to 7.053 billion hryvnias. \n \nBased on materials from "Ukrainian News".
It was decided to reduce the external debt to $8.3 billion by the end of the year
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