The Ministry of Finance of Ukraine noted an increase in the total Ukrainian public debt.
Ukraine's total public debt in November 2023 increased by $4.48 billion. The amount of debt rose to a record $140.82 billion.
Such data was made public by the Ministry of Finance.
In November, the country's state and state-guaranteed debt increased by 164.27 billion in hryvnia equivalent and by 4.48 billion in dollars.
“State and state-guaranteed debt amounted to 5,122.49 billion hryvnia or $140.82 billion, including: state and state-guaranteed external debt – 512.77 billion hryvnia (68.58% of the total amount of state and state-guaranteed debt), or $96.57 billion. State and state-guaranteed domestic debt – 1609.72 billion hryvnia (31.42%), or $44.25 billion,” the department said in a statement.
Let us remind you that the International Monetary Fund predicts that Ukraine’s total public debt at the end of this year will grow to 88.1% of GDP. Next year, according to experts, public debt will grow to 98.6% of GDP, and will reach a peak value of 100.7% in 2025, after which it will begin to gradually decrease.