Page 42 - UKRRptOct21

Fierce bidding by 12 participants pushed the final price for the privatization of an Odesa winery to nearly four times the starting price, reports the State Property Fund. Odesavinprom, which included 97 buildings and land plots sold for $8.8 million.
Next month, a state-owned diamond cutting plant and jewelry maker goes up for sale, the State Property Fund posts on Facebook. The Vinnytsia Crystal Plant “employs 56 professionals who produce about 5,000 models of high quality jewelry,” the Fund reports on its site. Sales last year totaled almost $500,000.
6.2 Debt
The volume of short-term external debt decreased in the first half of the year by 2.5% - the NBU reported. The volume of short-term external debt with a residual maturity (payments in the next 12 months) for the first half of 2021 decreased by 2.5% to $ 47.3 billion. According to the report, Ukraine's gross external debt in the first half of the year decreased by 0.3% to $ 125.3 billion. In terms of GDP, it decreased to 75.9% from 81.2% at the beginning of the year.
Ukraine aggregate state debt declines 0.5% in August. Ukraine’s state and state-guaranteed debt declined 0.5% m/m to $92.53bn as of August 31, the Finance Ministry reported on September 27. State domestic debt dropped 0.9% to $36.5bn, while state foreign debt slid 0.3% to $45.4bn. State guaranteed debt didn’t undergo statistically significant changes, staying at $10.6bn. In UAHterms, the overall state debt slid 0.6% m/m in August to UAH2,485bn, or 59.3% of Ukraine’s GDP in 2020.
The state debt is expected to decline in September due to a $0.97bn repayment of Eurobonds on September 1 and $1bn repayment of US-guarnteed bonds, scheduled for tomorrow. The state domestic debt is also likely to decline as the redemption of local bonds exceeds the receipts from newly placed bonds during the month.
42 UKRAINE Country Report October 2021 www.intellinews.com