Our website uses cookies to provide your browsing experience and relevant information. Before continuing to use our website, you agree & accept our Cookie Policy & Privacy.
Ekonomichna Pravda writes about this with reference to the data of the Ministry of Finance of Ukraine.
If this amount is divided by all Ukrainians, it turns out that everyone owes 2.3 thousand dollars, or almost 69 thousand hryvnia, the newspaper notes.
About 37% of this amount is owed to domestic creditors, and the rest - to external ones. With Ukraine in need of significant funds to support the economy and rebuild from the war, there are increasing calls for debt relief.
Thus, on May 11, the US Congress passed a bill to look for options for the immediate release of Ukraine from bilateral, multilateral and commercial debts.
American parliamentarians are actually instructing US representatives in international financial organizations, in particular, the IMF and the World Bank, to use the influence and authority of the United States to promote the idea of suspending payments on Ukraine's international debts.
In Ukraine, the Social Movement organization, which launched the corresponding website, advocates debt cancellation.
She suggests 3 steps to cancel Ukraine's external debt:
However, according to Ekonomichna Pravda , despite the difficult situation with the budget, the Ministry of Finance believes that Ukraine should continue to pay its debts.
The publication notes that it indicates that the government seeks to maintain good relations with creditors, even in difficult conditions, in order to be able to raise significant funds for the reconstruction of the country after the war. The announcement of the restructuring could shake investor confidence in Ukraine. However, this trust was already shaken by the war.
English version of Socportal TG channel.https://t.me/Socportal_in_English
