IMF: Ukraine's state debt to reach 100.7% of GDP in 2025


08/01/2023

According to economists, Kiev's governmental debt will reach 98.6% of GDP in 2024.



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Ukraine's governmental debt would increase over the following two years and reach 100.7% of GDP in 2025, the IMF writes statement regarding the findings of the first evaluation of the Ukrainian economy conducted under the Extended Credit Facility.

The analysts predict that the government’s debt would reach 88.1% of GDP in 2023 and 98.6% of GDP in 2024. The public debt will start to progressively decrease after reaching 100.7% of GDP in 2025 and will be equivalent to 99.5% in 2026 and 98.4% in 2027.

As previously reported, the IMF Board of Executive Directors voted to promptly provide Ukraine a tranche of 663.9 million SDRs, or roughly $890 million. SDRs are units of account within the International Monetary Fund.

source: imf.org