The International Monetary Fund predicted the funding gap for the war-torn nation. Marchenko's call for "bold action" targets Russian assets as a primary means of bridging the deficit in state finances through the end of the decade.
Tuesday, October 20, 2026
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Ukraine Requests Russian Asset Use to Fill $54 Billion Gap
Geopolitics22 days ago
Finance Minister Sergii Marchenko has urged European nations to seize frozen Russian assets to sustain the country's military and state expenditures. Ukraine is facing a financing shortfall of as much as $54 billion through 2029 and requires additional support from international partners to repel Russia's invasion.
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