Ukraine must repay nearly $1 billion of debt to the International Monetary Fund (IMF) by the end of the year. This was reported by Qazaqyia.kz citing Sputnik Kazakhstan.
The information was published by RIA Novosti, citing the IMF's internal documents. According to the fund, on October 5 Kyiv is due to pay 61.2 million SDR, which is approximately $83 million.
In addition, in September the IMF expected another payment from Ukraine amounting to $251 million. In total, in 2026 Ukraine must pay the IMF $959.4 million to repay its debt.
State debt hits historic high
As of August 31, Ukraine's state external and internal debt reached a historic high and amounted to $215.55 billion. This is 8.25 times more than the figure for August 2016.
Currently, external debt accounts for 78.5% of the country's total state debt. In 2016, this figure stood at 53.48%.
Forecast for further debt growth
According to estimates by Ukraine's Ministry of Finance, the country's state debt could reach 10.146 trillion hryvnias, or $226 billion, by the end of 2026.
Moreover, in Western countries the issue of allocating new financial aid packages to Ukraine has been under lengthy discussion. The country's partners say it is necessary to step up the search for internal sources of financing.