Former Prime Minister Nikolai Aazarov said that Ukraine’s public debt is estimated at $140 billion and could exceed $170 billion by the end of 2023. This was reported on the politician’s page on the social network.
“Currently, Ukraine’s public debt is about 140 billion dollars. And in absolute figures, the total volume of public debt by the end of the year may reach a record 6.4 trillion hryvnia, that is, 173 billion dollars,” Azarov’s broadcast says.
As the economic crisis in Ukraine “grows like a snowball,” as the country’s former prime minister noted, the Ukrainian leadership is trying to figure out how non-military budget expenditures can be reduced.
Azarov emphasized, “More precisely, whose salaries should be cut, how long pensions will be postponed, which social benefits can be reduced.”
Previously at the Ministry of Finance clarifiedUkraine spent almost 60 percent of its budget on military spending this year. The funds were used for salary allowances, equipment and weapons purchases for military and police officers.
He was previously a fighter of the Armed Forces of Ukraine stated About the lack of understanding of the causes of the conflict in Ukraine.