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The model of public debt management in Germany

With each passing month of the war, our country is sinking deeper into debt dependence on international financial organizations. According to the Government’s forecasts, the maximum amount of public debt in 2023 will reach a record UAH 6.406 trillion and even slightly exceed the country’s GDP – 100.1% of GDP. To ensure that the level of public debt does not impede Ukraine’s recovery, development, and living standards, an effective debt management strategy needs to be developed. To this end, we have studied how public debt is managed in foreign countries and identified the experience that can be adapted to Ukraine. Today, we will look at the debt management model in Germany, where Covid-19 has tested the country’s economy. […]