The Ministry of Finance of Ukraine announced that in March, the state debt of the republic increased by $ 3.9 billion to $ 119.9 billion.
“As of March 31, 2023 <…> situation <…> Ukraine’s debt increased <…> $119.9 billion,” the document says.
Ukraine’s finance department also stated that the state’s external debt is $78.51 billion, and domestic debt is $41.4 billion.
Former Prime Minister of Ukraine Mykola Azarov warnedBy the end of 2023, the country’s public debt could reach a record $173 billion. According to him, the revenues of the Ukrainian budget itself are four times less than the volume of incoming Western aid, that is, 300% of the country’s public debt revenues.
Ukraine’s national debt in January augmented It increased by $5 billion to over $116 billion.