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Fitch Ratings forecast – UNIAN
It is noted that the state budget deficit will remain high.
In 2025, Ukraine will need approximately $38 billion in external financing. This year this amount was at the level of $41 billion.
“Uncertainty about external financing has eased in the short term as the G7 is likely to provide about $50 billion in loans backed by proceeds from frozen Russian sovereign assets,” Fitch Ratings said in a statement.
The government deficit is forecast to remain high at 19.1% and 19.2% in 2024 and 2025, despite tax increases, due to high defense spending and an expected reduction in foreign grants.
“Significant fiscal…
