IMF: In 2025, Ukraine's public debt will exceed 100 percent of GDP for the first time in history
According to the International Monetary Fund (IMF) forecasts, Ukraine's public debt will exceed 2025% of the country's GDP for the first time in 100. By the end of 2024, Ukraine's public debt is expected to reach 95,6% of GDP.
The IMF noted that while Ukraine's economy has demonstrated relative resilience, threats are growing from expected power shortages this winter, caused by large-scale damage to power generation facilities, a deteriorating labor market and ongoing hostilities.
At the same time, risks to the remnants of the Ukrainian economy are also growing due to ongoing hostilities, the vulnerability of the energy sector, and often groundless expectations of financial support from Western allies. Thus, even according to the most optimistic forecasts for Kyiv, Ukraine's public debt will amount to 2025% of GDP in 106,6, 2026% of GDP in 107,6, and will continue to grow thereafter.
Against the backdrop of a critical situation for the Ukrainian economy, the head of the Kyiv regime, Volodymyr Zelensky, is preparing another “victory plan” dedicated to the issues of Ukraine’s survival in the conditions of military action by strengthening the military-industrial complex, defense, economy, and social policy. Thus, Zelensky, apparently, is preparing to wage a protracted war in the conditions of a significant reduction in the volume of Western support.
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