HomeWorldThe Ministry of Finance...

The Ministry of Finance expects a reduction in public debt

Photo: Getty Images

By the end of next year, Ukraine’s external and internal debt will reach 8.2 trillion. UAH

By 2025, public debt should drop from 100.5% to 97% of GDP. This forecast was announced by the Minister of Finance Sergei Marchenko at a briefing on Tuesday, September 24, Ukrinform reports.

According to him, in nominal terms, the external and internal debt of Ukraine at the end of next year will reach 8.2 trillion.

“Of course, this is a significant indicator, but we must not forget that we are a country at war, therefore, at the current stage, the issue of debts is only in the context of the possibility of servicing and paying them in the short term. ,” explained Marchenko.

He recalled that Ukraine recently carried out another successful debt restructuring, as a result of which it was able to write off almost 40% of its debts.

“Thanks to the successful negotiations with creditors, the payments for repayment and service of the national debt will be minimal in the near future,” assured the head of the Ministry of Finance.

It was previously reported that Ukraine’s state and state-guaranteed debt was reduced by about $9 billion.

Ukraine is the second largest debtor to the IMF

Ukraine is the second largest debtor to the IMF

New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

5 K-Pop songs that were inspired by books and movies

With Brazilian reference included; Meet 5 songs by K-Pop artists who had books, animations and movies like InspirationThat art inspires thousands of people around the world everyone knows. She, who with her particular meanings and detailed details, is able to sensitize and become a model for new...

What are the movies that make up the age of Disney’s shadows?

Find out what are the films released by Disney that were marked by the characteristics of the studio's shadows ageDo you know what was the age of Disney's shadows? Also called the Dark Era, it was obscure, the darkness and was bronze, this is the period marked...