Koretsky holds meeting on $27 bln in additional defense funding
Ukrainian Prime Minister Serhiy Koretsky has held a meeting with the Ministry of Defense regarding the provision of $27 billion in additional funding for defense needs for the current year.
Ukrainian Prime Minister Serhiy Koretsky met with the Ministry of Defense to discuss securing $27 billion in additional defense funding for the current fiscal year. "We held a meeting to finalize the request for an extra $27 billion in defense funds," Koretsky announced on social media platform X. He stated that some of these funds are urgently needed to prepay deliveries scheduled for the first quarter of 2027.
Koretsky explained that a portion of the requested funds will be sourced internally through the reallocation of existing program finances. The task of resolving this financial challenge falls to the Ministry of Finance, according to Koretsky.
The Ukrainian government is also seeking support from the European Union and is engaged in direct negotiations with NATO and other defense partners to help meet the funding requirements. "We must also mobilize external financing linked to our international commitments, which necessitates enacting specific legislation and decisions as outlined in the government's plan," Koretsky concluded. He emphasized that his administration is collaborating closely with the Parliament on this matter daily.
Written by urgent.news from Interfax-Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
