The budget of Ukraine did not receive more than a billion dollars of planned revenues
Quick Look
- The budget of Ukraine in January-September lost almost 50 billion hryvnia in revenue.
- By the end of the year, the amount may increase to 70 billion hryvnia, said Finance Minister Sergei Marchenko.
AI-generated summary
Why It Matters
The budget of Ukraine is faced with a shortfall in planned revenues this year.
MOSCOW, October 12 – RIA Novosti. Ukraine's budget in January-September of this year has already fallen short of almost 50 billion hryvnia ($1.1 billion) of planned revenues; by the end of the year, this amount could reach 70 billion hryvnia ($1.55 billion), said the country's Finance Minister Sergei Marchenko.
“In January-September, the general fund of the state budget has already received almost 50 billion hryvnia less than planned revenues, of which 32 billion hryvnia (about 712 million dollars) in August and September. At the end of the year, the shortfall in tax payments could amount to 70 billion hryvnia,” Marchenko said during a speech in the Ukrainian parliament, which was broadcast by the Rada TV channel.
Earlier, Ukrainian Prime Minister Sergei Koretsky announced a shortage of $27 billion to finance military spending in 2026. According to him, Kyiv expected to independently find about 7 billion dollars by redistributing budget funds and cutting costs, and receive the remaining 20 billion with the help of partners.
What to Watch
AI outlook — possibilities, not facts
The shortfall in tax payments at the end of the year could amount to 70 billion hryvnia.
Likely · Within months
Open Questions
- How will the budget deficit be covered?
- Will Ukraine receive help from partners?
