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THE INFLUENCE OF EXCHANGE RATE POLICY ON THE STATE OF THE EXTERNAL DEBT OF UKRAINE

Journal: International scientific journal "Internauka." Series: "Economic Sciences" (Vol.2, No. 34)

Publication Date:

Authors : ; ;

Page : 108-114

Keywords : exchange rate policy; public debt; debt security; public finance; state budget; external debt; national currency revaluation; financial security;

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Abstract

The article shows that in modern conditions of functioning of the Ukrainian economy, public debt is an especially important component of public finance. It is substantiated that the deficit of the state budget, the attraction and use of loans to cover it led to the formation and significant growth of external public debt and significant dependence of Ukraine on the global financial markets due to the need to implement the procedure of re-lending of past obligations. Using the example of statistical information on the state of Ukraine's external public debt, the current state of debt is sorted and determined using statistical analysis, and the estimated budget losses due to the revaluation of the national currency based on last year's results are calculated. The analysis of the characteristics of the organization and problems of managing external public debt of Ukraine and threats to the debt security of Ukraine. The process of implementing an ineffective exchange rate policy by the authorities is disclosed and ways to improve the management of external public debt are proposed.

Last modified: 2021-03-18 23:03:16