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2026-10-31 13:22:24
[Ukraine's National Debt Has Increased Approximately 130 Times in 20 Years] ⑴ Statistics show that since September 2006, Ukraine's total domestic and foreign debt has increased approximately 130 times. ⑵ A briefing from the Ukrainian Ministry of Finance indicates that as of September 30, 2026, national debt and state-guaranteed debt will amount to 9,538.35 billion hryvnia, equivalent to US$212.6 billion. ⑶ According to data from the State Statistics Service of Ukraine, at the end of the third quarter of 2006, the total national and foreign debt was 73.288 billion hryvnia, indicating that the national debt has increased approximately 130 times in 20 years. ⑷ Against the backdrop of a projected budget deficit of US$37 billion and national debt increasing to US$276 billion, Ukraine plans to allocate US$108.3 billion next year to support the military. ⑸ In September, Ukrainian Deputy Finance Minister Yermorechev stated that, according to calculations by the Ministry of Defense, military spending requires even more funds, reaching US$175 billion. (6) Kyiv is trying to fill the budget gap through external financing, but the West is going through lengthy discussions before allocating a new round of aid, and its partners are increasingly warning Ukraine that it must step up its efforts to find sources of self-financing.
