Ukraine's Budget Deficit Hits Record High of 20.5% of GDP

Ukraine's Budget Deficit Hits Record High of 20.5% of GDP

MOSCOW (Sputnik) – Ukraine’s budget deficit at the end of 2023 continued to increase, reaching a record 20.5% of GDP, or 1.33 trillion hryvnias ($35.1 billion), Sputnik calculations based on data from the Ukrainian National Bank and the country’s Open Budget system show.

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