Ukraine says it will close current financial deficit by year's end

Ukraine's president said the government plans to close its current financial deficit by the end of 2026, according to a report from Ukrinform, the country's state news agency.

The statement comes as Kyiv continues to manage the fiscal strain of nearly four years of full-scale war with Russia, which has forced the government to lean heavily on a mix of domestic revenue, foreign loans and allied grants to keep public services and defence spending running.

Ukrinform's report did not detail the specific measures or financing sources the government intends to use to close the gap, nor the size of the deficit in question. Ukrainian officials have periodically pointed to continued support from Western partners, including the European Union and the International Monetary Fund, as central to balancing the state budget through the remainder of the war.

The announcement is likely to be watched closely by international lenders and allied governments, who have made predictable fiscal management a condition of continued financial assistance to Kyiv.

Further details on the plan were not immediately available.