And for domestic our country has to pay another 10.5 billion.
In addition to the urgent need to finance military expenditures, salaries and social payments, including pensions, Ukraine has yet to repay its debts. Yulia Samaeva, the editor of the economics department, wrote about this in her article for ZN.UA “How much money does Ukraine lack and where to get it?” For example, by the end of this year, we have to repay about $ 3 billion in foreign debt. (1.9 billion of them on Eurobonds) and another 10.5 billion on domestic ones.
And the dynamics in debt statistics is not the best, in March, in particular, our public debt increased by 4% and beyond will grow due to the growing number of loans needed to finance the large deficit of our budget “, – the author writes.
At the same time, Ukraine is losing GDP even faster than increasing debts.
” And if the at the end of March the total amount of our debt was about 50% of GDP last year, then at the end of 2022 may well reach 100% of GDP. Which, of course, will not give us financial stability “, – writes the editor of ZN.UA .
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Read more articles by Yulia Samaeva at the link