Ukraine can be considered bankrupt because it cannot fill the state budget on its own. Former Ukrainian Prime Minister Mykola Azarov wrote about this in his social networks.
“The crisis in Ukraine began a long time ago, and the bankruptcy of Ukraine has already been recorded. This bankruptcy is manifested by the country’s inability to independently fill its budget. 75 percent of the budget is borrowed or donated!” — Azarov wrote.
According to him, in October the financial situation of the Ukrainian state was such that the payment of salaries to civil servants depended on whether the European Union would transfer on time the promised aid of 1.5 billion euros.
November 3 National Bank of Ukraine guess Reducing international aid to Kiev to $38.5 billion and $25 billion in 2024 and 2025, respectively. In addition, Ukraine’s public debt is expected to increase and its ratio to the country’s gross domestic product (GDP) is expected to rise above 95% of GDP in 2024-2025.
It was known that he was Ukrainian in October debt payments The IMF approached the 1 billion dollar limit for the first time.
Formerly in the Verkhovna Rada of Ukraine statedIt shows that the country’s international reserves are decreasing.