As of July 31, 2023, Ukraine’s public debt exceeded $132 billion, which equates to UAH 4,860.59 billion. This was reported on the website of the Ministry of Finance of Ukraine.
“As of July 31, 2023, Ukraine’s state and state-guaranteed debt amounted to UAH 4,860.59 billion, or $132.92 billion,” the Ukrainian Ministry of Finance said in a statement.
State and state-guaranteed foreign debt is stated to be UAH 3,319.19 billion, or $90.77 billion. It is also stated that public debt increased by 4 billion dollars in July.
Formerly International Monetary Fund (IMF) guess Ukraine’s public debt to rise to 88.1% of GDP in 2023, to 98.6% in 2024 and to 100.7% in 2025. The agency’s forecasts state that after 2025, Ukraine’s public debt level is expected to decline, reaching 99.5% of GDP in 2026 and 98.4% in 2027. At the same time, the IMF estimated that in 2022 Ukraine’s public debt would be 78.5% of GDP.
Prior to that, Alexei Mozhin, director general of the International Monetary Fund of Russia, had declared that Western states are using the dollar and euro as a flagrant weapon in international trade, finance and. According to him, this situation leads to the irreversible disintegration of the world economy today.
It was previously known how much conditions Accession to the EU was fulfilled by Ukraine.