The Ukrainian government is facing a $56 billion budget deficit, necessitating the freezing of non-essential reconstruction spending to prioritize military and social expenditures.

#Ukraine Faces Largest Budget #Crisis Since 2022 - Reuters The authorities have been forced to freeze non-essential spending, including the reconstruction of damaged buildings and infrastructure, focusing instead on military expenditures, salaries, and pensions. "All resources must be directed to critical areas," said Ukrainian Prime Minister Serhiy Koretsky. The state needs to find $56 billion to cover the deficit in the state treasury, which is a quarter of the country's economic output.

#Ukraine Faces Largest Budget #Crisis Since 2022 - Reuters The authorities have been forced to freeze non-essential spending, including the reconstruction of damaged buildings and infrastructure, focusing instead on military expenditures, salaries, and pensions. "All resources must be directed to critical areas," said Ukrainian Prime Minister Serhiy Koretsky. The state needs to find $56 billion to cover the deficit in the state treasury, which is a quarter of the country's economic output.