The rapidly growing volume of public debt is critically dangerous for Ukraine. In an interview with Dengi.ua Lubov Shpak, Doctor of Economics, MP of Ukraine, told .
According to the MP, the draft State Budget-2026 submitted to the Verkhovna Rada envisages that next year Ukraine's public debt will grow to 106 percent of GDP. According to Shpak, such size of the state debt together with the "cosmic" deficit of the trade balance, which by the end of 2025 may reach -$52-54 billion, create risks of significant devaluation of the hryvnia and, as a consequence, the growth of consumer and industrial prices.
"How will we rebuild Ukraine after the war with such a debt burden! This burden will constantly disrupt our financial and economic stability, pulling us "to the bottom", - said the MP.
According to the doctor of economic sciences, the government together with international partners should raise the issue of unconditional write-off of at least 30% of Ukraine's foreign debt, which amounted to $134.4 billion at the end of July 2025.
According to MP Shpak, the draft State Budget for 2026 contains a schedule of servicing Ukraine's public and state-guaranteed debt until 2061 in the amount of more than UAH 12.1 trillion. Taking into account the official population of 35.8 million people (CMU, September 2024), one Ukrainian today has $8.2 thousand (UAH 339 thousand) of debt burden.
