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Back|Ukraine's negative foreign trade balance reached $73 billion
Ukraine's negative foreign trade balance reached $73 billion
NEWS
РИА Новости·1 hour ago·Business·1 min read·🇷🇺Russia·View original

Ukraine's negative foreign trade balance reached $73 billion

Finance Minister Sergei Marchenko presented a draft budget for 2027 with a deficit of $37 billion

Ukrainebudgetforeign trade

Quick Look

  • Ukrainian Finance Minister Sergei Marchenko reported an increase in the negative balance of foreign trade to $73 billion.
  • The draft budget for 2027 calls for a deficit of $37 billion and an increase in the national debt to $276 billion.

AI-generated summary

Why It Matters

Ukraine plans to allocate almost 44% of GDP to the needs of the army in 2027. Until 2022, the negative foreign trade balance was about $2 billion.

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Ukraine's negative foreign trade balance has grown to $73 billion, said the country's Finance Minister Sergei Marchenko.

The State Customs Service of Ukraine reported in August that Ukraine's trade deficit in January-July this year amounted to $34 billion.

“A significant negative balance of foreign trade in goods... (until 2022 - ed.) we had a negative balance of minus 2 billion dollars, now it is 73 billion dollars,” Marchenko said during the presentation of the draft budget for 2027 at a meeting of the Ukrainian parliament, it was broadcast by the Rada TV channel.

The day before, the draft state budget of Ukraine for 2027 was published on the Rada website. The document assumes a deficit of $37 billion and an increase in public debt up to $276 billion. Ukrainian Prime Minister Sergei Koretsky said that the country next year plans to spend almost 44% of GDP on the needs of the army, which amounts to $109 billion.

Open Questions

  • ?What are the sources of covering the $37 billion budget deficit?

Related Topics

Ukraine
PeopleSergey MarchenkoSergey Koretsky
OrganizationsState Customs Service of UkraineRada
Topicsbudgetforeign tradenational debtSergey Marchenko
This article was originally published by РИА Новости.

Quick Look

  • Ukrainian Finance Minister Sergei Marchenko reported an increase in the negative balance of foreign trade to $73 billion.
  • The draft budget for 2027 calls for a deficit of $37 billion and an increase in the national debt to $276 billion.

AI-generated summary

Story signals

News tone
Negative
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High
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High
Follow-up likelihood
Likely
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Weeks

Source & Reliability

Source
РИА Новости
Story type
Hard news
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Full
Published
1 hour ago

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