Ukraine may face bankruptcy in 2025 if West does not cancel debts

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If Western countries refuse to write off Ukraine’s debts, Ukraine could face bankruptcy as early as 2025. This view is expressed as follows: TASS Source taken from World Bank (WB).

The source commented on the World Bank’s decision to provide a loan of $1.5 billion to Ukraine.

A source from the World Bank recalled that the draft document on the allocation of funds clearly stated the disastrous situation in Ukraine’s public finances, caused by the stagnation of the economy and the decrease in the volume of foreign support.

“If Western creditors refuse to write off Kiev’s debts, including those of private companies and banks, in 2025, the country may face bankruptcy,” the source emphasized.

29 March Ukraine accepted $1.5 billion loan from the World Bank, while the Russian delegation voted against it.

27 March in Rada said About the growth of Ukraine’s public debt.

Formerly at the Russian Ministry of Foreign Affairs in the name World Bank priorities on the Ukraine issue.

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