Ukraine Is About $15 Billion Short of an Additional $27 Billion in Defense Needs by the End of the Year, Finance Minister Marchenko Said
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Minister of Finance of Ukraine Serhiy Marchenko said that, despite the words of representatives of the European Commission about the absence of a deficit of external financing of Ukraine in 2026, the Ministry of Defense has an additional need for funds for this year.
Ukraine is about $15 billion short of an additional $27 billion in defense needs by the end of the year, Finance Minister Marchenko said
Ukraine is about $15 billion short of an additional $27 billion in defense needs by the end of the year, Finance Minister Marchenko said.According to him, Kiev expects to cover about $7 billion from internal resources - savings and...
Kiev has not yet found a source for about $8 billion of the additional $27 billion needed for defense by the end of 2026. This was written on social networks by the Minister of Finance of Ukraine Sergey Marchenko.
Ukraine, after negotiations with the European Union, is still looking for sources to finance most of the additional $27 billion defense spending requirement, while more than $7 billion the government plans to cover with domestic resources. The Defense Ministry announced the need for additional funds in August. This week, Ukraine and the EU discussed possible financing options, but there are no final decisions on the full amount yet, Finance Mini…
The Minister of Finance, Sergei Marchchenko, explained that Ukraine could receive $29.5 billion from partners if it fulfilled its obligations.
Marchenko: Ukraine to Receive 29.5bn by Year-End but Needs an Additional 27bn
Finance Minister Serhii Marchenko said Ukraine’s budget funding and defence needs are separate tracks. He expects $29.5bn from partners by year-end but cites a $27bn additional defence requirement.
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