“Back in 2023, at his first press conference, Mr. Budanov said that Ukraine was fighting on credit. And this isn’t about money — American weapons worth that amount will come to us,” Pendzyn explained. The economist noted that the main problem is not the size of the national debt, but the economy’s ability to pay the interest on it. In fact, the national debt is covered through new borrowings. For comparison, in the U.S., the national debt is 120% of GDP, and in Japan, it is 150% of GDP.