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Fake Ukraine has declared default

Anonymous telegram channels write about this with reference to the global rating agencies S&P and Fitch. They say that only "official default" awaits Ukraine, that is, "bankruptcy". It is not true.

Ukraine has not declared a default. Due to Russia's full-scale invasion of Ukraine, there have indeed been significant changes in the state budget of Ukraine. This is stipulated, in particular, by the Law of Ukraine “On the Legal Regime of Martial Law”. The main priority during this period is the defense industry. According to the Ministry of Finance of Ukraine, after negotiations, the investors agreed to defer payments.

“Thanks to the solidarity with Ukraine of the private investor community, together with the official public sector, we will be able to meet the needs of the country’s state budget at war and keep our public finances stable,” said Ukraine’s Finance Minister Serhiy Marchenko.

According to Bloomberg, the restructuring process is supported by Ukraine's key allies, including the United States and the International Monetary Fund. The international community understands that Ukraine is now defending itself against a much larger and richer aggressor, so it needs substantial financial support and assistance.

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