Skip to content
Edit post

Finance Ministry predicts state budget deficit of $5-7 billion per month.

by The Kyiv Independent news desk April 12, 2022 2:32 PM 1 min read
This audio is created with AI assistance

Support independent journalism in Ukraine. Join us in this fight.

Become a member Support us just once

Finance Minister Sergii Marchenko said in an interview with the Financial Times that Ukraine's state budget deficit is likely to increase from $2.7 billion in March to $5-7 billion in April and May.

"We are in a state of great stress, in the worst condition. This is a matter of our country's survival," he added.

The official also said that the estimate of infrastructure losses due to Russia's war has risen to $270 billion while it was $120 billion at the end of March, according to the figures presented by Prime Minister Denys Shmyhal.

Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

News Feed

Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
11:32 PM

Trump praises House speaker after vote on Ukraine aid.

Former U.S. President and presumptive Republican nominee Donald Trump voiced support for House Speaker Mike Johnson, who allowed a vote on military aid for Ukraine after months of delays, the Guardian reported on April 23.
5:35 PM

Latvian schools to stop teaching Russian as foreign language.

Children in Latvia will no longer learn Russian as a foreign language in schools from 2026, but instead will be required to learn a language of the European Union or the European Economic Area, Latvia's Education Ministry announced on April 23.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.