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This was reported by *Ekonomicheskaya Pravda*, citing a statement by Finance Minister Serhiy Marchenko during Question Time in the Verkhovna Rada.
The publication notes that the suspension of VAT refunds came against the backdrop of a budget crisis and a funding shortfall resulting from Ukraine’s failure to fulfil its international obligations.
Responding to questions from Verkhovna Rada deputies, Marchenko stated that the government is actively taking steps to secure domestic resources and funding at the international level.
At the same time, the publication, citing Finance Minister Serhiy Marchenko, points out that Ukraine’s treasury account holds 46 billion hryvnias in unfunded payments. Among the unfunded expenditure items are road repairs, routine and major housing repairs, and the purchase of school buses. Funds earmarked for winter preparations have also been frozen.
‘EP’ clarifies that, following negotiations with the EU, Ukraine is still seeking funding for the majority of its additional defence requirements, amounting to $27 billion: the government will cover more than 7 billion from domestic resources, whilst the remaining funds are still being sought.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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