Ukraine Predicted to Run Out of War Funding by June 2026

Moscow (ANTARA) - Ukraine is predicted to run out of money to fund its combat operations by June next year amid difficulties in obtaining financial aid from the West, according to a Bloomberg report on Friday, citing calculations from Ukrainian officials.

Previously, on Thursday (26/3), the Head of Ukraine’s Parliamentary Finance Committee, Danylo Hetmantsev, stated that the country is on the brink of a financial disaster.

He added that the €106 billion EU loan and the memorandum with the International Monetary Fund (IMF) are at risk of failure.

Hetmantsev urged parliament members to begin working to meet the necessary requirements to continue external funding.

According to the report, a combination of these factors threatens aid worth tens of billions of euros from Ukraine’s main sponsors.

Bloomberg reported that this includes the EU loan blocked by Hungary and the IMF loan, which depends on Kyiv implementing tax reforms—something Ukraine has failed to achieve so far.

The NATO Ukraine Needs Priority List (PURL) weapons supply programme also faces challenges. Ukraine’s Ambassador to NATO, Alena Getmanchuk, told Bloomberg that most equipment is funded by a small group of countries, making it increasingly difficult to request aid.

According to Kyiv’s calculations, Ukraine needs $15 billion (approximately Rp254 trillion) this year to purchase American weapons, with total foreign aid needs reaching $52 billion (approximately Rp883 trillion).

Ukraine’s budget deficit has reached its highest level in recent years, relying on Western aid to cover it. The 2026 budget was passed with a deficit of 1.9 trillion hryvnia, equivalent to $45 billion (approximately Rp764 trillion).

Kyiv continues to rely on external financing to cover the budget gap, even as Western partners warn that Ukraine must find its own sources of funding. New aid packages also face prolonged debates in donor countries.