We have exhausted our internal potential to finance military needs - Marchenko

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The Ministry of Finance proposed that the Ministry of Defense and the General Staff submit proposals to cover the costs of additional mobilization.

The Ministry of of Finance invited the Ministry of Defense and the General Staff to submit proposals to cover the costs of additional mobilization. This was stated by the Minister of Finance Finance Minister Sergiy Marchenko said in an interview with Forbes Ukraine, UNN reports.

I would give opportunity to the General Staff together with the Ministry of Defense to find approaches to this and propose solutions, how they see it, how they see the optimization of expenditures, because I have already noted several times that we have exhausted our internal potential for financing military needs, and it is simply artificial, relatively speaking, increase by the Nth amount of billions of hryvnias - it will not work, because we do not have these billions of hryvnias. If we need to find them, we need to understand the time frame

- Marchenko said.

According to him, the picture of when additional funds will be needed is not yet known.

These funds need to be to be found today or possibly in the second half of 2024. Then it will be possible to talk about meeting these needs

- the minister added.

He also does not excludes that the Ministry of Finance will have to look for additional revenues, additional sources of financing. However, Mr. Marchenko emphasized that it is too early to talk about to talk about the numbers, because first of all, the understanding of the needs of the of the responsible structures.

The head of the Ministry of Finance emphasized that he does not yet have information on what needs will need to be met. because the ministry does not work directly with the General Staff, and the Ministry of Defense has not provided any figures for the needs.

The Ministry of Defense calculates the needs of the Armed Forces, identifies possible sources of optimization of existing needs and comes to a joint decision with the Ministry of Finance to reach a joint decision. So far, we have not yet approached this exercise, although I understand that we may come to this exercise in the near future

- Marchenko summarized.

Recall

Commander-in-Chief of the Valeriy Zaluzhnyi notedthat the military command regularly forms requests for resources to continue fighting. However, according to him, there was no request there was no request for a specific figure.

December 19 Volodymyr Zelenskyy reported on a proposal from the military to mobilize an additional 450-500 thousand people.

We have planned everything: Umerov on where they plan to raise funds to equip 500,000 newly mobilized soldiers27.12.23, 08:00

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