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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Ukraine - according to the ANSA - could need "up to 70 billion euros" in 2027 more than expected in order to continue to resist the Russian invasion (in addition to the 45 billion already foreseen by the EU loan). (ANSA)
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...
The largest share would be allocated to macro-financial support (about 40 billion) for the state holding, while the remainder (about 30 billion) is specifically devoted to defence aid
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.
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…
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