Ukraine's public debt has surged from 49% of GDP in 2021 to 90.4% by the end of 2024, driven by borrowing to fund defense against Russia. We examine the risks of such high indebtedness and the challenges Ukraine may face in servicing its loans.
Ukraine's public debt has surged from 49% of GDP in 2021 to 90.4% by the end of 2024, driven by borrowing to fund defense against Russia. We examine the risks of such high indebtedness and the challenges Ukraine may face in servicing its loans.
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