Ukraine needs to find $45 billion: how the government plans to close the budget deficit

According to hvylya.net: The Ukrainian budget is in a difficult position - it lacks $45 billion in external financing to pay off debts. Currently, the government has obligations for only $35 billion. In order to close this deficit, the authorities are actively making efforts to find additional sources of funding from various international partners.

In particular, it is planned to attract external financing for the coming years, until Ukraine implements its own EU funding program starting in 2028. The government is working on cooperation with various international organizations, including the European Commission, G7, and the International Monetary Fund, to ensure the necessary financial support.

In December 2021, Finance Minister Serhiy Marchenko stated that the Ukrainian budget needs $45 billion in external financing to cover debts, but currently, the government has obligations for only $35 billion. The government is actively working to find additional sources of funding, cooperating with various international organizations to provide the necessary financial support and close financial deficits for the coming years.