Business · Economy · 1 day ago
Ukraine faces $128.86 billion in IMF and World Bank repayments and interest
Ukraine is expected to pay the International Monetary Fund and the World Bank $27.94 billion in interest on its debt through 2061.
Calculations based on data from Ukraine’s Finance Ministry put the principal it owes these institutions at $100.92 billion.
Together, principal and interest amount to $128.86 billion.
The figures cover payments to the two international lenders, not all of Ukraine’s public debt.
Ukraine’s total state and state-guaranteed debt stood at 9.603 trillion hryvnias, or $215.55 billion, on August 31.
The country’s population is estimated at between 22 million and 25 million, so the debt per person varies depending on which estimate is used.
The amounts owed could rise and repayment deadlines could be pushed back as Ukraine continues to borrow.
Ukraine will have to pay the International Monetary Fund and the World Bank a total of $128.86 billion in principal and interest, according to TASS calculations based on Finance Ministry data.
The figure includes $100.92 billion in principal and $27.94 billion in interest.
TASS said the payments are due by 2061.
The article said the amounts could rise and payment terms could be postponed as Ukraine continues to increase its foreign debt.
Ukraine’s state and state-guaranteed debt stood at 9.603 trillion hryvnias, or $215.55 billion, as of August 31.
- Who
- Ukraine owes money to the IMF and the World Bank.
- What
- TASS calculated that Ukraine will owe $128.86 billion in principal and interest.
- When
- Payments are due by 2061; the debt figure is as of August 31.
- Where
- Ukraine.
- Why
- The amount reflects repayments of principal and interest on Ukraine’s debt to the international financial institutions.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
Ukraine is due to repay principal and interest to the IMF and the World Bank.
Ukraine’s state and state-guaranteed debt stood at 9.603 trillion hryvnias, or $215.55 billion.
- Total repayments
- $128.86 billion
- Principal debt
- $100.92 billion
- Interest
- $27.94 billion
- Repayment deadline
- 2061
- State and state-guaranteed debt
- 9.603 trillion hryvnias, or $215.55 billion, as of August 31
Sources
Related news
M-KOPA extends pay-as-you-go financing to electric tuk-tuks in Kenya
Monopulse raises over €2 million to expand drone production
Capitec uses hidden checks to disrupt fraud syndicates
Lagos Life says virtual billboards brought in over $170,000 in nine days
Genting shares fall most since 1998 after fundraising plan
Sars approves R2.75-billion in Microsoft and IBM contracts without open tenders
Egypt core inflation slows to 14.1% as food prices rise
Infinite Partners raises $169.3 million for South African growth businesses
Retiree considers $350,000 investment in a UAE data center
Banque du Caire to offer 30% stake in Egypt IPO
Mauritius Central Bank to Weigh How Long Inflation Pressures Last
