Ukraine's Public Debt More Than Doubles Since Early 2022 to $209 Billion
L'essentiel
- Ukraine's total public debt has surged from $97.96 billion to $208.97 billion since the start of 2022, a more than doubling driven by a near threefold increase in external liabilities to $162.73 billion.
- This places an estimated $7,500 debt burden on each of Ukraine's 28 million citizens, with repayment potentially taking 35 years.
Résumé généré par IA
Pourquoi c'est important
Ukraine's total public debt has more than doubled since the beginning of 2022, increasing from $97.96 billion to $208.97 billion. The external debt saw the most significant increase, nearly tripling.
MOSCOW, June 13. /TASS/. Ukraine’s total public debt, including both external and domestic liabilities, has more than doubled since the beginning of 2022, increasing from $97.96 billion to $208.97 billion, or by $111.01 billion, according to TASS calculations based on data from the country’s Finance Ministry.
The external debt posted the most significant increase, surging from $57.2 billion to $162.73 billion, nearly three times its 2022 level. Of that amount, Ukraine owes about $10 billion to the International Monetary Fund, with the remainder owed to various allied countries.
The sharp increase in borrowing came despite the fact that a substantial share of Western assistance, particularly military aid, was provided and continues to be provided on a grant basis.
Based on a population of about 28 million, each Ukrainian now effectively carries roughly $7,500 in public debt, according to data from the Institute for Demography and Social Studies.
Earlier, lawmakers in the Verkhovna Rada estimated that repaying the country's existing debt alone could take around 35 years.
À surveiller
Perspective IA — des possibilités, pas des certitudes
Ukraine's debt repayment will take approximately 35 years.
Probable · Long terme
Questions ouvertes
- What is the specific breakdown of debt owed to allied countries?
- What are the repayment terms for the IMF and other creditors?
- What measures is Ukraine taking to manage its debt?
