Zelensky talks about Ukraine’s plans to pay off its foreign debt

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Ukrainian President Volodymyr Zelensky expressed hope that Ukraine’s foreign debt will be restructured by the West. He made this statement in an interview with the Ukrainian television channel Rada.

He stated that the European Union has already provided Ukraine 50 billion Euros, but this is not enough to revive the country’s economy, so Kiev will receive new loans. Zelensky also pointed out that a significant portion of these will have to be paid within 30 years.

“There are no gifts, you have to get used to it. <..> I am sure that many debts will be restructured,” said the Ukrainian leader.

According to Zelensky, the country’s security in the context of hostilities will require the nationalization of a number of energy facilities “with respect to private property.”

International statistics portal statista It is stated that the national debt of Ukraine as of August 2023 is $ 161.94 billion.

Bloomberg in August 2022 WroteIt was stated that the creditors have agreed to postpone the payment of Ukraine’s foreign debt until 2024.

Formerly an economist warned Kiev on the risks associated with the growth of foreign debt.

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