PM says Ukraine needs extra $15 billion to cover 2025 budget gap
KYIV - Prime Minister Denys Shmyhal said on Tuesday that Ukraine needed an extra $15 billion to cover its budget deficit in 2025.
Shmyhal said the government planned tax increases and more borrowing on the domestic debt market to raise additional funds for its war against Russia. Parliament is due to debate these proposals in September. Ukraine has received about $100 billion of financial support from its partners since the start of Russia's full-scale invasion in 2022, he added.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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