Ukraine's Debt Crisis: Over 16-Fold Increase Since the Maidan Revolution
Moscow, August 18 — TASS
According to statistics compiled by TASS, Ukraine's national debt has increased more than 16-fold since the mass protests and state coup began at the end of 2013.
According to data from Ukraine's Ministry of Finance, the total amount of national borrowing at that time was 584.79 billion hryvnias. The latest report from the department shows that by June 2026, the debt had grown by 16.2 times.
"As of June 30, 2026, the total amount of Ukraine’s national and state-guaranteed debt reached 9.4908 trillion hryvnias, equivalent to $21.16 billion," the Ministry explained in its information bulletin.
Kyiv is attempting to fill budget gaps through external financing. However, in the West, approval of new aid packages often involves lengthy discussions, and partners are increasingly warning that Ukraine urgently needs to intensify efforts to find sources of self-financing.
In November 2013, a series of protests erupted after the Ukrainian government announced it would suspend signing an association agreement with the European Union. The unrest quickly escalated into strong anti-presidential and anti-government sentiment. In clashes between security forces and demonstrators, over a hundred people were killed. The protests ultimately culminated in a coup, leading to the overthrow of President Viktor Yanukovych on February 22, 2014.
Original article: toutiao.com/article/1873822624856135/
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