Ukraine Needs Budget Support to Pay for Drones and Missiles, Zelenskyy Says
Kyiv says the gap would protect combat operations and keep military salaries paid as drone and missile attacks drive higher war costs.
- On Friday, President Volodymyr Zelenskiy urged the European Commission to accelerate the second tranche of a $90 billion loan to address Ukraine's $27 billion defense funding shortfall.
- Intensified long-range drone and missile attacks along a 1,200-km front line between Ukraine and Russia have escalated war costs, requiring funds for drones, missiles, and military personnel pay.
- Zelenskiy warned that Ukraine must order and pay for drones in October and November; failure to do so risks serious shortages during January and February.
- Prime Minister Serhii Koretskyi said austerity measures reduced the shortfall to $20 billion, though he warned it "remains an open question" how to plug the remaining gap.
- Finance Minister Sergii Marchenko said Ukraine expects to need more than $52 billion in international aid next year as Kyiv prepares for an International Monetary Fund mission in November.
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162 Articles
Cooperation with the EU has produced the expected result of Ukraine ' s complete closure of the state budget deficit by the end of this year; moreover, some of the funds raised will finance the purchase of drones at the beginning of 2027, as announced by Ukraine ' s President Vladimir Zelensky, reporting to RBK-Ukraine with reference to its Telegram Canal; according to the Head of State, the work to close the budget deficit has continu…
Kiev Faces $27 Billion Defense Gap Just as Winter Sets In - LewRockwell
Ukraine is facing a cash crisis and risks running out of funds for military operations at the worst possible moment, as the country heads into winter and Russia continues its special military operation, a Western media warned. According to POLITICO, Ukrainian officials acknowledge that without funding, the country’s ability to continue fighting Russia will be undermined. Kiev needs cash now to place advance orders for weapons, ammunition, and lo…
Kiev under continuous bombings, a financing deficit of $27 billion and critical structures (central and oil plants) continuously under attack....
The European Commission and Ukraine have found a way to meet Ukraine's budget and defense needs this year, Brussels and Kiev said. They did not provide details. The Ukrainian government, according to its own estimates, needs $20 billion to cover the budget hole this year, or just over 17.6 billion euros.
The European Union and Ukraine announce that they have identified ways to cover Kiev's financial and defence needs for the year 2026.
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