Ukraine’s national debt increased by $1 billion in August, reaching almost $133.9 billion. reports RIA Novosti, with reference to the Ministry of Finance of Ukraine.
According to him, external debt reaches almost 70% of the total amount. The Ministry reported that Ukraine’s national debt exceeded 132 billion dollars at the end of August, and increased by 4 billion dollars in July.
Ukraine’s public debt will exceed 100% of GDP in 2024, reported September 26 Telegram channel Klymenko Time. Former Ukrainian Prime Minister Mykola Azarov suggested that Ukraine’s national debt could rise to a record $173 billion by the end of the year.
The International Monetary Fund (IMF) predicts that Ukraine’s public debt will increase to 88.1% of GDP in 2023. According to the IMF, it will reach 98.6% of GDP in 2024 and 100.7% of GDP in 2025. The fund expects Ukraine’s public debt to decrease after 2025. According to IMF forecasts, public debt will reach 99.5% of GDP in 2026 and 98.4% of GDP in 2027. Last year, the IMF estimated Ukraine’s public debt at 78.5% of GDP.
Ukrainian Prime Minister Denis Shmygal said on September 15 that the government had adopted a draft budget for next year that includes record military spending of $45.6 billion.
Formerly Ministry of Finance of Ukraine guess Hryvnia depreciation in 2024.
Source: Gazeta
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