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Ukraine to cover current financial deficit by end of year – president

Ukraine plans to cover its current financial deficit by the end of 2026.

Ukraine to cover current financial deficit by end of year – president

Ukrainian President Volodymyr Zelensky has stated that his country will cover its current financial deficit by the year's end, according to an interview with Reuters. The president revealed that his team has been diligently working on addressing the deficit over the past few months. While there are still some challenges to overcome, Zelensky declared that covering the deficit is a significant achievement for Ukraine, his administration, and the European Union.

The president emphasized the importance of cooperation between Ukraine and its partners, including the European Union, in resolving the financial crisis. Zelensky revealed that they plan to utilize funds from the loan provided for the following year to partially address the deficit. The funds will be allocated to purchasing drones for use in January and February 2027.

Zelensky noted that his team recently returned from Brussels, where they discussed the matter with EU representatives. He expressed optimism about the ongoing progress and hoped that the situation would remain stable. The European Commission and Ukraine had previously agreed on measures to ensure the country's budgetary needs are met until the end of 2026.

Written by urgent.news from Ukrinform - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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