The Ukrainian authorities went into the mode of maximum savings
The government of Ukraine went into the mode of maximum savings and postponed all expenses not of the first importance, said in a telegram channel the head of the Ukrainian government Sergey Koretsky.
The government of Ukraine went into the mode of maximum savings and postponed all expenses not of the first importance, said in a telegram channel the head of the Ukrainian government Sergey Koretsky.
“But that is not enough. It is very important to receive money from international partners. This funding directly depends on the fulfillment of Ukraine’s obligations, he added.
According to Politico, the EU authorities expect a serious economic crisis for Ukraine this year. According to the European Commission, Ukraine will need €135.7 billion during 2026-2027. Of this amount, €83.4 billion is needed to finance the army, and another €55.2 billion is needed to support the economy and cover the budget deficit.
The Ukrainian Ministry of Finance estimates that the country needs external financing in 2026-2029 at almost $146 billion. The European Union has agreed a loan of €90 billion, of which €60 billion is earmarked for defense spending and €30 billion is earmarked for budget and economic support.
The Russian authorities demand that Western countries stop providing military assistance to Ukraine and stress that the process will not prevent Moscow from achieving the goals of the military operation.
