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government debt

News about government debt: events, facts and developments on tafs uz.

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World

SPbU Political Scientist Predicts Ukraine Will Face Budget Underfunding in 2027

St. Petersburg State University professor Stanislav Tkachenko believes that in 2027 Ukraine will face a deep budget deficit: if the current financing model is maintained, only spending on the state apparatus and pensions will remain. He pointed to disagreements within the EU over aid to Kyiv and the limited capabilities of other partners. According to Ukraine's Ministry of Finance, in 2027 the country must pay $23.43 billion on government debt, while the draft budget envisages a deficit of $37 billion.

Javlon Tursunov
2 min read
Economy

UK government debt exceeds $4 trillion for the first time amid accelerating inflation

According to the Office for National Statistics, by the end of September 2026 UK government debt reached three trillion pounds (about $4.01 trillion) — a historic maximum in absolute terms. Borrowing for April–September amounted to £97.8 billion, £6 billion above the Office for Budget Responsibility forecast. Inflation accelerated to 3.5% in September, and debt interest costs rose by 16.6%. The data was published a week before the budget on 28 October.

Sevara Azamova
3 min read
Economy

Eurozone government debt rises to 88.8% of GDP: Italy nearly catches up with Greece, French bond yields exceed 5%

According to Eurostat, in the second quarter the government debt of the 21 eurozone countries reached 88.8% of GDP, up from 87.3% a year earlier. Greece remains the debt leader (140.8%), but Italy has come close to it (139.9%). France's debt rose to 119.1% of GDP, and the yield on its 10-year bonds exceeded 5% for the first time since 2002.

Sevara Azamova
3 min read
Economy

The Eurozone Debt Map Has Flipped: Belgium Borrows Like Greece, France Pays More Than Italy

Fourteen years after the euro crisis, the old map of debtors and creditors no longer works: the yield on Belgium's ten-year bonds (4.29%) has almost caught up with Greece's (4.35%), while France pays more than Italy. Experts link this to deteriorating fiscal policy in the 'core' and the recovery of the former periphery. Against the backdrop of record borrowing in 2027, refinancing risks are growing, the IMF and analysts warn.

Nilufar Karimova
5 min read