budget deficit

Ukraine's 2025 budget faces $15billion shortfall for civil needs, says Prime Minister Denys Shmyhal

Ukraine is facing a $35 billion shortfall in its 2025 state budget for civilian expenses, Prime Minister Denys Shmyhal said at the Ukraine 2024 Independence forum on Aug. 27.

27 August 2024, 03:09 PM

Ukraine's financial stability hinges on international partners support, NBU Chair says

Ukraine works with international partners to secure $31 bln and $21 bln in financing for 2025 and 2026, respectively, amid its financial prospects uncertainty, NBU Chair Andriy Pyshniy wrote in his column for Ukrinform agency, published on Aug. 8.

8 August 2024, 01:18 PM

Ukraine’s July tax revenues continue to decline, Finance Ministry says

The general fund of the state budget received UAH 120.3 billion (almost $3 billion) in taxes, fees and mandatory payments in July, which is UAH 18 billion ($440 million) less than in June and UAH 31 billion ($750 million) less than in May, Ukraine’s Finance Ministry reported on July 31.

1 August 2024, 01:36 PM

Ukraine’s budget short $5 billion for weapons procurement – Finance Minister

Regardless of unblocked US aid package covering social and humanitarian expenses, Ukraine State budget still lacks $5 billion needed to purchase weapons, Ukrainian Finance Minister Serhii Marchenko said in an interview with Hromadske Radio published on May 22.

23 May 2024, 02:26 PM

Ukraine needs $42 billion in foreign aid this year — IMF

Ukraine will require $42 billion in foreign aid this year because of Russia's ramped-up war of aggression, said International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, Reuters reported.

19 April 2024, 11:49 AM

Ukraine needs $37 billion from partners to cover budget deficit, $10 billion urgently – FM

Ukraine needs around $37.3 billion in external financing to cover its budget deficit for the current year, including $9.5 billion for urgent recovery needs, the Ukrainian Finance Ministry stated in press release on March 6.

7 March 2024, 08:25 AM

budget deficit

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