Ministry of Finance of Ukraine
The Ministry of Finance of Ukraine is the central executive body responsible for shaping and implementing the state's financial and budget policy. It is headed by the Minister of Finance and reports to the Cabinet of Ministers of Ukraine. Its remit includes drafting the state budget, managing public debt, securing budget revenues, and coordinating the work of the State Tax Service and the State Customs Service. Since the start of Russia's full-scale invasion in 2022, the ministry has played a central role in securing external financing to cover Ukraine's budget deficit.
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Ukraine's 2027 budget has $32.6 billion uncovered financing need, finance minister says
Ukraine's Finance Minister Serhiy Marchenko said the country's 2027 budget faces an uncovered financing need of $32.6 billion — the tightest budget situation since the start of the full-scale Russian invasion in 2022. He called on European partners to seek additional sources of financing and presented a new proposal to redistribute roughly $300 billion in frozen Russian assets across all 27 EU member states.