The Russian Foreign Ministry reported bad economic news for Ukraine
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Zakharova: Ukraine may face default in 2024
Ukraine may face default in 2024 due to the growing volume of public debt. This was announced by Russian Foreign Ministry spokeswoman Maria Zakharova during a briefing on Wednesday. She also added that the budget deficit in the former Soviet republic has already exceeded $50 billion.
“In 2024, Ukraine may face default due to the growing volume of public debt,” said the speaker of the Russian Foreign Ministry.
In addition, Zakharova recalled that at the end of last year, Ukraine’s national debt exceeded $140 billion, over 90% of GDP.
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