Economics

Updated the record: how and how much the public debt of Ukraine increased during the war

In November, according to the Ministry of Finance, the amount of state and government guaranteed debt increased by UAH 164. 27 billion in UAH. In November 2023, the total public debt of Ukraine increased by $ 4. 48 billion. Thus, as of the 30th, the amount of debt increased to a record mark by $ 140. 82 billion. Such data were published in the Ministry of Finance. The department estimated that during November the amount of state and government guaranteed debt became greater in UAH equivalent by 164.

27 billion, in dollars - by 4. 48 billion. "State and state -guaranteed debt amounted to UAH 5,22. 49 billion or $ 140. 82 billion, including: state and state external debt - UAH 3 512. 77 billion (68. 58% of the total amount of state and state debt guaranteed) or $ 96. 57 billion. State and state -guaranteed domestic debt - UAH 1609. 72 billion (31. 42%), or $ 44. 25 billion, "the statement said. The ratio of public debt to GDP at the end of this year will approach 90% and exceed 95% at the end of 2024.

The head of the ICU Group, Vitaliy Vavrysh, the head of the Macroeconomic Studies of the ICU group, Vitaly Vavrysh, said this: "Debts will wait. How much Ukraine owed and how to pay for credit assistance. " "But this level of debt is not at present threats to macroeconomic stability. First, the Ministry of Finance has the opportunity to ensure complete refinancing of domestic debt. Secondly, planned payments for foreign debt are minimal in the near future due to the restructuring held last year.

So high public debt. It is unlikely that the liquidity problems for the government in the next few years, "the expert explained. At the same time, Case Ukraine Executive Dmitry Boyarchuk noted that the debt burden on the country would begin to fall, probably in 2024. "As long as the official position that from 2024, the debt as a percentage of GDP will be reduced. But if the war continues, it is under a big question. Is it a threat of debt growth? No, if they continue to be supported," he said.