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Pyshnyi on the budget deficit: “we do not rely on the help of our partners”

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NBU Governor Andriy Pyshny said that Ukraine does not only rely on international assistance to finance its budget deficit. It is planned to expand the domestic resource base to reduce the deficit to 10.3% in 2026.

The head of the National Bank of Ukraine, Andriy Pyshnyy, said that Ukraine not only relies on the help of our partners, but will also expand its domestic resource base. He wrote about this on his Facebook page.

The financing of the budget deficit is a sensitive issue. Due to the greater needs of the defense sector, the NBU has increased its forecast of the budget deficit for the current year to 22.8% of GDP

- Pyshnyi writes.

He notes that international assistance remains a significant source of its coverage. This year, the amount of support is almost 38 billion dollars. THE AMOUNT OF SUPPORT IS ALMOST 38 BILLION US DOLLARS. In 2025 and 2026, it will be $31 billion. USD 31 billion and USD 21 billion, respectively. USD, respectively.

“However, we do not rely on the help of our partners. Expanding the domestic resource base will allow us to narrow the budget deficit to 17.8% in 2025 and 10.3% in 2026,” Pyshny added.

Recall

Finance Minister Sergiy Marchenko said that the country's needs sometimes do not coincide with its capabilities, so it is necessary to raise UAH 500 billion for defense spending, part of which will be covered by additional sources of income, namely tax increases. 

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