Redeye
Urgent need to cancel Ukraine's debt
Ukraine's total external government debt amounts to $54B. The country is set to pay more than $7B in debt repayments this year alone. Lenders have responded to the war and the financial crisis in Ukraine by lending even more money. The Jubilee Debt Campaign in the UK says now is the time to cancel Ukraine's debt and allow it to spend its money on urgent humanitarian needs.
- Broadcast on:
- 05 Apr 2022
Ukraine’s total external government debt amounts to $54B. The country is set to pay more than $7B in debt repayments this year alone. Lenders have responded to the war and the financial crisis in Ukraine by lending even more money. The Jubilee Debt Campaign in the UK says now is the time to cancel Ukraine’s debt and allow it to spend its money on urgent humanitarian needs.
Ukraine's total external government debt amounts to $54B. The country is set to pay more than $7B in debt repayments this year alone. Lenders have responded to the war and the financial crisis in Ukraine by lending even more money. The Jubilee Debt Campaign in the UK says now is the time to cancel Ukraine's debt and allow it to spend its money on urgent humanitarian needs.