KIEV (Realist English). The national debt of Ukraine for the ninth month of the war is already approaching $100 billion, the UNIAN columnist Bogdan Slutsky estimated.
“One will have to pay not only the funds received on the credit, but also the interest on them. According to official data, the volume of the national debt of our country as of the beginning of November is already approaching $ 100 billion. That is, each Ukrainian has a share of about $ 2.5 thousand,” Slutsky pointed out.
According to the Ukrainian Ministry of Finance, this year Kiev received about 40% of all international financing (about $10 billion) on a free basis.
The financial needs of the Ukrainian state in 2023 will amount to about $70 billion, of which $35 billion dollars must first be borrowed, and then a significant part will be returned in the future. “This is a difficult and important task that the authorities need to solve next year,” Slutsky warns.
Since the beginning of the year, the United States and the European Union have provided the biggest support to the Ukraine – $13 billion and $11.5 billion, respectively. Of this amount, Washington allocated $8.49 billion in grants, while Brussels allocated in grants only $626 million.
The IMF, the EIB and the World Bank are also among our five largest donors – $2.7 billion, $2.32 billion and $1.7 billion, respectively. We are talking about loans with the need to return in the future. The International Fund allocated all the declared funds in 2022, and the EIB and the World Bank only slightly more than half. The European Investment Bank is the only one that has provided financing for the country’s reconstruction in the amount of $1 billion.
This is followed by Canada, Germany and the United Kingdom – $1.5 billion, $1.4 billion and $1 billion, respectively. Japan is also a donor of the budget of еру Ukraine with financing in the amount of more than $ 500 million of credit funds: the funds have already been received by the Ukrainian side, the UNIAN review says.