March 28, 2026 | 08:35 am
TEMPO.CO, Jakarta - Ukraine is expected to run out of funds for its combat operations by June amid difficulties in securing Western financial aid, according to a Bloomberg report on Friday, citing estimates from Ukrainian officials, as quoted from Antara.
Earlier, on Thursday, March 26, the head of the Ukrainian Parliament’s Finance Committee, Danylo Hetmantsev, said the country was on the brink of a financial catastrophe.
He added that a $106 billion loan from the European Union and a memorandum with the International Monetary Fund (IMF) were at risk of falling through.
Hetmantsev also urged lawmakers to begin working to meet the requirements necessary to continue external funding.
According to the report, this combination of factors threatens tens of billions of euros in aid from Ukraine’s main sponsors.
Bloomberg reported that this includes an EU loan blocked by Hungary as well as an IMF loan contingent on Kyiv implementing tax reforms—something Ukraine has so far failed to achieve.
NATO's Prioritised Ukraine Requirements List (PURL) weapons supply program also faces challenges. Ukraine’s Ambassador to NATO, Alena Getmanchuk, told Bloomberg that most of the equipment is funded by a small group of countries, making it increasingly difficult to request assistance.
According to Kyiv’s calculations, Ukraine needs US$15 billion (approximately Rp254 trillion) this year to purchase American weapons, with total foreign aid requirements reaching US$52 billion (approximately Rp883 trillion).
Ukraine’s budget deficit has reached a record high in recent years, relying on Western aid to cover it. The 2026 budget was approved with a deficit of 1.9 trillion hryvnia, equivalent to US$45 billion (approximately Rp764 trillion).
Kyiv continues to rely on external financing to cover the budget shortfall, even as Western partners continue to warn that Ukraine must find its own sources of funding. New aid packages also face lengthy debates among donor nations.
Read: Ukraine Seeks Funding, Technology in Return for Drone Support to the Middle East
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