Public Debt Management in Wartime: Interview with Ukraine’s Yuriy Butsa

Even in normal times, meeting a government’s funding needs through borrowing can be challenging. Wartime conditions – including suddenly increased borrowing needs, a loss of market confidence and operational difficulties – make it even harder. In this interview, Yuriy Butsa, Ukraine’s Government Commissioner for Public Debt Management, answers questions from Fatos Koc, Head of the OECD Public Debt Management Unit, about the challenges Ukraine has faced to date as result of Russia’s large-scale aggression and about his near-term expectations.