Ukraine has deferred payments on its sovereign debt until 2030
Serhiy Marchenko, Ukraine’s Minister of Finance, and representatives of the Group of Official Creditors comprising the G7 countries and the Paris Club have signed a Memorandum of Understanding regarding the deferral of payments on Ukraine’s sovereign and state-guaranteed debt.
The document provides for the deferral of payments due from February 2026. Under the terms, debt servicing and repayment have been postponed until the end of February 2030. This is in line with the International Monetary Fund’s new programme.
Following the conclusion of this period, the deferred amounts will be repaid in equal half-yearly instalments between 2035 and 2039. Interest capitalisation is provided for.
The memorandum was signed by authorised representatives of creditor countries, including Canada, France, Germany, Japan, Italy, the Netherlands, the United Kingdom, the United States and the Republic of Korea.
The Ministry of Finance noted that the document builds on the agreements reached in 2022 and 2023 and forms part of the international financial support for Ukraine.
“I am grateful to our international partners for their constructive stance and unwavering support. This decision is critically important for Ukraine, as it allows for a significant reduction in the debt burden on the state budget. The deferral of payments creates an opportunity to direct the freed-up financial resources towards the state’s priority needs, in particular the financing of defence, the social sector and economic recovery,” said Serhiy Marchenko.
The ministry emphasised that the signing of the memorandum reflects the high level of trust between Ukraine and its partners and demonstrates the unity of the international community in supporting the state.
According to the data, payments towards the repayment of public debt for January–March 2026 amounted to 139.7 billion UAH, which corresponds to 99% of the plan, whilst debt servicing costs amounted to 65.0 billion UAH, representing 100% of the plan.
