Managment of the Government Debt of Ukraine During the War and in the Post-War Period

So far, Ukraine has managed to keep the debt burden manageable at less than 80% of GDP, and thanks to the partners’ help and the creditors’ support during the war, the issue of debt repayment is not yet acute.

After the war, however, debt management will become one of the key challenges. In 2024-2027, Ukraine’s anticipated external debt payments will correspond to 6% of the 2022 GDP, and the problem of peak payments appears as much more important than the overall level of indebtedness relative to the size of the economy.

These are not final figures yet because the war continues, and every month Ukraine incurs new debts to cover an unprecedentedly high budget deficit, while the attacks by russians continue to damage the economy daily. Moreover, even during the war, priorities in fundraising may rely upon the expected impact on future post-war repayments

Source: https://ces.org.ua/en/managment-of-the-government-debt-of-ukraine-during-the-war-and-in-the-post-war-period/