Ukraine Needs Budget Support to Pay for Drones and Missiles, Zelenskiy Says
- On Sept 25, Ukrainian President Volodymyr Zelenskiy announced that the European Union and the International Monetary Fund recognize the critical need to help Kyiv finance its budget deficit and defense requirements.
- Ukraine is seeking an additional $27 billion for defense this year as war costs rise along the 1,200-km front line, with projections of more than $52 billion needed next year.
- "Everyone understands that Ukraine cannot be alone, and that more investment is needed in Ukrainian-made drones and missiles," Zelenskiy told reporters. He must secure orders in the coming months to avoid operational challenges early next year.
- An IMF mission will arrive in the coming months for a second review of Ukraine's financing program, Finance Minister Sergii Marchenko noted. Kyiv must finalize a budget funding plan by then, with further discussions expected in Brussels.
- Beyond defense, Kyiv relies heavily on foreign assistance to maintain essential social and humanitarian spending. The government has also asked to bring forward part of a loan from the European Union to support immediate needs.
64 Articles
64 Articles
EU funding to buy Ukrainian drones and air defence
Ukraine says billions provided by the European Union under the Ukraine Support Loan will be used to fund purchases of drones and air defence systems. The post EU funding to buy Ukrainian drones and air defence first appeared on UK Defence Journal.
Kallas announces €6.6 billion for Ukraine. However, the president calls for further aid to offset the budget deficit of 27 billion. Meanwhile, Trump has secured the license for the production of Patriot. The article "EU" still drops money to Kiev. Zelensky thanks and asks more of it comes from The Truth.
According to the Ukrainian President, the budget hole of more than 23 billion euros threatens the financing of war-related drones.
der Standard AT
der Standard DERussia's President Vladimir Putin denied any preparation for "some fight with Europe" and hinted at further attacks on Ukraine
Selenskyj: USA gives the green light for patriot production +++ Putin doubts about resumption of negotiations for a war-end +++ Putin: Russia "does not prepare for some kind of struggle with Europe" +++ all the news in the live blog
The Government is looking for $27 billion to finance defence: a portion of the money will be paid in advance for the weapons that are scheduled to be delivered in early 2027; Korean is counting on the Ministry of Finance and the EU.
Coverage Details
Bias Distribution
- 39% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
