Ukraine may need another 70 billion euros in 2027

In 2027, Ukraine may need an additional 70 billion euros. RIA Novosti calls the amount necessary to close the financial hole with reference to data from the Frankfurter Allgemeine Zeitung (FAZ).

According to analysts, these funds are needed in addition to already agreed EU assistance. About 40 billion euros are needed for defense spending, another 30 for other budget items.

This gap is explained, among other things, by a reduction in Ukrainian budget revenues. At the same time, without carrying out reforms agreed upon with the EU, Kyiv will not be able to qualify for new assistance from Brussels.

To attract loan funds from the European Union (EU), the International Monetary Fund (IMF) and the World Bank (WB), local authorities need to accelerate the implementation of required reforms, including tax reforms. Otherwise, Ukrainian Prime Minister Sergei Koretsky warned, Ukraine risks losing a significant portion of the $29.5 billion in international funding.