Ukraine may be on brink of financial disaster: reserve fund has only 700 million hryvnias left out of 50 billion allocated for entire year, - AntAC
The state budget’s reserve fund has 700 million hryvnias remaining. In total, nearly 50 billion hryvnias were allocated for unforeseen circumstances in 2026.
This was reported by the Anti-Corruption Action Center, according to Censor.NET.
Details
"There are increasing signs that Ukraine may be on the brink of financial disaster. At the same time, the Zelenskyy government is handing out billions in cashback and e-tanks. According to one report, there are only a few billion hryvnias left in the Budget Reserve Fund.
However, according to journalist Yurii Nikolov, there are only 700 million hryvnias in the reserve fund—out of nearly 50 billion hryvnias allocated for the entire year," the report states.
The AntAC explained that the Reserve Fund is money set aside for unforeseen events or emergencies.
"The government has begun to divert these funds to populist programs. And the problem isn't just the delay in the disbursement of a large European loan worth 90 billion euros.
Ukraine can receive financial assistance from the EU, the IMF, and the World Bank if it meets certain requirements. But in reality, it is doing nothing," they noted.
The Anti-Corruption Action Center stated:
- The government has failed to draft or adopt a number of laws necessary to receive approximately €6 billion from the EU;
- The government has failed to draft or adopt any of the four laws necessary to receive $3.35 billion from the World Bank;
- The government is failing to meet the conditions of the IMF program.
"Voting on all the stalled bills would unlock funding that would help the country hold out until it receives the 90-billion-euro loan from the EU.
But the government and Zelenskyy’s lawmakers aren’t doing that. Instead, they’re handing out billions on populist e-tanks and cashback schemes," they concluded.
