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Debt chief says Ukraine may be well-placed for reconstruction borrowing; Trump's vow to end war buoys euro bonds

BUR volunteers engaged in reconstruction efforts in Kherson Oblast late 2023. (Photo by Denys Kondratiuk via Ukraine Media Center)

Ukraine's recent debt restructuring, together with long-term concessional financing from allies, are positioning the country well for post-war borrowing to rebuild, Ukraine's budget chief said.

Yuriy Butsa, governmental commissioner for Public Debt Management at the Ministry of Finance, predicted international credit rating agencies will respond "very well" in terms of the country's rating profile when the war ends, and low-cost borrowing can begin to finance reconstruction.

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