G7 Creditors Agree to Postpone Ukraine's Debt Payments Until 2030

Ukraine and its G7 and Paris Club creditors agreed to defer state and state-guaranteed debt payments until 2030. Make us preferred on Google Share Facebook X (Twitter) LinkedIn Bluesky Email Copy Copied G7 leaders' family photo, June 17, 2025: G7 Leaders stand before the Rocky Mountains for a group photo. From left to right: António Costa, President of the European Council; Shigeru Ishiba, Prime Minister of Japan; Giorgia Meloni, Prime Minister of Italy; Emmanuel Macron, President of France; Mark Carney, Prime Minister of Canada; Donald Trump, President of the United States; Sir Keir Starmer, Prime Minister of the United Kingdom; Friedrich Merz, Chancellor of Germany; Ursula von der Leyen, President of the European Commission. (Photo by Government of Canada) Content Share Facebook X (Twitter) LinkedIn Bluesky Email Copy Copied Flip Make us preferred on Google Ukraine has signed a Memorandum of Understanding with the Group of Official Creditors from the G7 countries and the Paris Club to postpone payments on the country’s debt, The French Treasury reported. Finance Minister Serhiy Marchenko signed the memorandum on Thursday together with authorized representatives of creditor countries, including Canada , France , Germany , Japan , Italy , the Netherlands , the United Kingdom , the United States , and the Republic of Korea . Follow our coverage of the war on the @Kyivpost_official . Under the agreement, payments on state and state‑guaranteed debt that were due beginning in February 2026 will be postponed until the end of February 2030, in line with Ukraine’s current International Monetary Fund (IMF) program. The Ministry of Finance said deferred amounts will be repaid after that period in equal semi‑annual installments between 2035 and 2039, with interest expected to be capitalized. Earlier this year , the IMF approved a $8.1 billion, 48‑month Extended Fund Facility (EFF) program for Ukraine, which included an immediate $1.5 billion disbursement. This comes amid reports of Ukraine’s public debt repayments in January–March 2026 reaching 99% of the planned amount, while debt servicing payments met full projections. Marchenko said the decision would significantly ease pressure on the state budget and allow Ukraine to redirect financial resources to priority needs during wartime . “This decision is critically important for Ukraine, because it allows you to substantially reduce the debt burden on the state budget,” Marchenko said, adding that the freed resources would support defense spending and economic recovery. Other Topics of Interest Ukraine to Unlock $3.2B as Parliament Approves Bills to Meet EU Milestones Ukraine is set to receive a €2.7 billion ($3.2 billion) tranche within the Ukraine Facility program after a late surge in legislative activity. The ministry said the agreement reflects a high level of trust between Ukraine and its partners and demonstrates continued international support for the country. Veronika Sukhanych is a political analyst with a foundation in governance, legal research, and international policy. Kyiv-born and educated in comparative politics, her background includes research on global financial institutions, responsible AI governance, and security policy.