“Spending on the security and defense sector remains a priority – more than 61 billion dollars, i.e. more than 60% of the state budget, are earmarked for this”, — write: www.radiosvoboda.org
Marchenko congratulated Crompton on his appointment and thanked Great Britain for supporting the Group of Seven ERA mechanism, under which London provided Ukraine with about $2 billion.
“Another $1 billion is planned to be received next year. These funds are directed to the needs of the security and defense sector. Direct budgetary aid to Great Britain since the beginning of the full-scale invasion exceeds 3 billion US dollars and is the fourth largest in volume among the countries of the world,” the message reads.
The Ministry of Finance adds that the parties discussed the state of Ukraine’s financial system and budget needs for 2026-2027. Marchenko presented the key parameters of the state budget project for 2026 to the diplomat. Spending on the security and defense sector remains a priority – more than 61 billion dollars, i.e. more than 60% of the state budget, are earmarked for this.
“The Government needs international support to finance social and humanitarian needs. The unmet need for external financing for 2026-2027 is about 61 billion US dollars,” the press service said.
Therefore, the agency reports, Ukraine continues active negotiations with key partners to ensure the necessary financing, in particular, with the IMF regarding the launch of a new cooperation program. Kyiv is also waiting for the decision of the European Commission on the provision of a reparation loan, which is a key element of the partnership guarantees of financing for the next year.
At the beginning of November, Prime Minister Yulia Svyridenko announced that the government prepared the project of the State Budget-2026 to the second reading in the Verkhovna Rada.
In September, Finance Minister Serhiy Marchenko announced that from February 2022, Ukraine received more than 145 billion dollars of international financial assistancewhich made it possible to maintain macro-financial stability in the conditions of a full-scale war and guarantee all necessary social expenditures.
