Zelenskyy urges Rada to urgently pass laws to avoid financial crisis - Reuters
Kyiv • UNN
The President urged the Rada to pass laws to receive billions of dollars in aid. The budget deficit exceeds $30 billion, and there is only enough money until May.
Ukrainian President Volodymyr Zelenskyy has called on members of parliament to adopt a number of key bills next week, which are necessary to avoid a financial crisis, continue the war against Russia, and advance European integration reforms. This was reported by Reuters, according to UNN.
Risk of losing billions due to delayed reforms
According to economists, due to the slow progress of reforms, Ukraine failed to meet a number of conditions necessary to receive international financing in late 2025 and early 2026.
This refers to billions of dollars from key partners, including within EU and World Bank programs.
I have a list of key bills that are critically important for securing funding
Among them are initiatives to strengthen the judicial system and reforms in the energy sector.
Critical need for funding
In 2026, Ukraine's need for external financing amounts to about $52 billion, which is approximately a quarter of its annual GDP.
Experts warn that without timely adoption of laws, the country could lose a significant portion of this aid.
According to analysts, Ukraine has already failed to meet 14 indicators within the Ukraine Facility program, which jeopardizes at least $3.9 billion.
Time is short - there's only enough money for a few months
According to analytical centers, the budget deficit exceeds $30 billion, and available resources may only last until May.
If the necessary laws are adopted, this period could be extended until mid-summer. If the commitments are not met, the financial chain will break
Blocking aid and political factors
Some financial support has already been blocked. In particular, Hungarian Prime Minister Viktor Orbán is blocking an EU aid package of 90 billion euros.
At the same time, the Ukrainian parliament has also failed to adopt a number of laws necessary to receive $3.35 billion from the World Bank.
The European Commission is already signaling the importance of rapid progress in reforms as confirmation of Ukraine's serious intentions.
Tension within the government
Against the backdrop of the war, which has been ongoing for five years, fatigue and tension within the political system are growing.
Relations between the government and parliament have become complicated, and some deputies complain about insufficient communication from the authorities. The opposition, in turn, demands greater participation in governance.
Despite this, voting on key bills is scheduled for April 7-8, which could be a decisive moment for the country's financial stability.