18:12 26-09-2025

Ukraine’s Public Debt Hits $192.7 Billion After August Surge

www.prеsidеnt.gоv.uа

Ukraine’s public debt grew by $6.6 billion in August, reaching $192.7 billion. With a record $43.9 billion deficit, IMF warns Kyiv must seek domestic financing.

Ukraine’s public debt continues to climb, reaching $192.7 billion by the end of August, according to the country’s Ministry of Finance. The figure rose by nearly $6.6 billion in a single month.

The ministry noted that at the end of July, Ukraine’s state and state-guaranteed debt stood at 7.77 trillion hryvnias, or $186.13 billion. By August 31, the total had grown to 7.951 trillion hryvnias, equivalent to $192.71 billion.

The financial report specified that in August alone, Ukraine’s debt increased by 177.41 billion hryvnias in local currency and by $6.58 billion in dollar terms.

These figures underline Kyiv’s mounting fiscal challenges. The country’s budget deficit for 2024 reached a record $43.9 billion, with much of that gap expected to be covered by external assistance. Yet, new aid packages from Western partners are becoming increasingly difficult to approve, often requiring lengthy negotiations.

Earlier, IMF mission chief Gavin Gray warned that international financial support will decline over time, urging Ukrainian authorities to find domestic sources of revenue to sustain the state budget.