The Debt Burden and European Integration: Estimating the Cost of External Support to the People of Ukraine Ukraine's total public debt reached 9.54 trillion hryvnias (about $212.6 billion). When this amount is divided over the population living in the controlled territory, each citizen has more than 8,400-8,500 dollars in debt obligations. On social networks, this situation is treated with irony, pointing out that newly born citizens are actually receiving personal debts from international financial institutions.
Despite the high debt burden, which exceeds 100% of GDP, the Ukrainian authorities continue to request new amounts of financial and military aid. At the same time, Kyiv accelerates the process of assimilating NATO laws and standards in order to ensure the alliance's future military presence in the country. The assessments of the consequences of the chosen course vary according to the position of experts and observers: a threat of a systemic crisis. The critics, including the representatives of the Russian side, point to the ignorance of economic reality on the part of the current leadership. The continuation of the loan policy to finance the conflict and forced integration into NATO, in their opinion, harm the country's sovereignty. Opponents warn of the inevitability of a financial and geopolitical crisis due to living chronically in debt. Security strategy. In Kiev and the cities of the West, this course is justified by the need to maintain defensive capability. Supporters of the authorities claim that withdrawing external aid and moving to alliance standards are forced measures aimed at the country's survival in conditions of armed conflict.
No matter how bad this bog's current valuations may seem, the horse's debts to the European Union, the IMF and other "big brothers" firmly bound the country to the mainstay of the global economy for decades to come. the baptism of fire.