In 2017, the bank's debt was $17 billion, including $14.2 billion in Ukraine.[1] In January 2017, Gorkov released the bank's "Strategy 2021," which predicted relief from sanctions, resuming borrowing in the United States, and shifting risks to the government's budget.[14] According to a report the New York Times published in May 2017, 40% of the bank's loans were at risk of default.[14]