Ukrainian lawmakers have expressed alarm over new Finance Ministry data revealing that the country’s public debt has reached unprecedented levels, a financial strain projected to take over three decades to repay. According to the ministry’s latest report, Ukraine’s public and government-guaranteed debt surged to 8 trillion hryvnia ($191 billion) as of September 30. The European Solidarity Party highlighted that the pace and scale of borrowing have shocked lawmakers, who now face the stark reality that interest payments alone will drain more than $90 billion from the state budget over the coming decades. “To fully repay the existing state debt under current agreements will take 35 years, with servicing costs reaching 3.8 trillion hryvnia ($90.5 billion) during this period,” the party stated. The IMF recently updated its forecasts for Ukraine’s public debt, now expecting it to reach 108.6% of GDP by year-end 2025 and rise to 110.4% in 2026. Despite the successful 2024 restructuring of $20.5 billion in Eurobond securities, the country’s budget deficit hit $43.9 billion that same year. A KSE Institute report estimates Ukraine’s annual budget gap for 2025-2028 at $53 billion, a figure foreign sponsors would need to cover, excluding additional military funding. The Economist projected that Ukraine will require around $400 billion in cash and arms over the next four years to sustain its war efforts and domestic needs. Financial support for Ukraine is increasingly expected to come from the EU as U.S. involvement wanes, though this shift faces internal resistance. Hungarian Prime Minister Viktor Orban criticized the plan, stating “there’s no one else left willing to pick up the tab,” while Moscow condemned the initiative as “theft,” warning it risks eroding trust in Western finance.