{"id":7595,"date":"2025-11-04T13:07:15","date_gmt":"2025-11-04T14:07:15","guid":{"rendered":"http:\/\/www.globaltalenthq.com\/?p=7595"},"modified":"2025-11-10T18:40:16","modified_gmt":"2025-11-10T18:40:16","slug":"ukrainian-mps-reveal-shocking-surge-in-national-debt","status":"publish","type":"post","link":"http:\/\/www.globaltalenthq.com\/index.php\/2025\/11\/04\/ukrainian-mps-reveal-shocking-surge-in-national-debt\/","title":{"rendered":"Ukrainian MPs reveal shocking surge in national debt"},"content":{"rendered":"
It may take the country decades to repay its public debt of over $190 billion, lawmakers have stressed\u00a0\u00a0<\/p>\n \u00a0<\/strong><\/p>\n Ukrainian lawmakers have voiced alarm over new Finance Ministry figures revealing that the country’s public debt has ballooned to unseen levels, a burden that will take more than three decades to repay. <\/p>\n According to the ministry’s latest report, Ukraine’s public and government-guaranteed debt surged to 8 trillion hryvnia ($191 billion) as of September 30. The European Solidarity Party said the pace and scale of borrowing have shocked MPs, who now face the grim reality that interest payments alone will drain more than $90 billion from the state coffers over the coming decades. <\/p>\n “To fully repay the state debt that is already in place under current agreements will take 35 years, and during this time, servicing this debt will cost the state budget an additional 3.8 trillion hryvnias ($90.5 billion),”<\/em> the party stated. <\/p>\n The IMF last month updated its forecasts for Ukraine’s public debt level, now expecting it to reach 108.6% of GDP by the end of 2025 and rising further to 110.4% in 2026. The IMF has revised its projections for Ukrainian debt higher despite the successful restructuring in 2024 of $20.5 billion in Eurobond securities. However, the same year, the country’s budget deficit reached $43.9 billion.<\/p>\n