Zelenskyy says Ukraine has not yet covered US$4bn deficit

President Volodymyr Zelenskyy has said Ukraine currently has a funding shortfall of around US$4 billion that needs to be covered to finance state needs.

Source: Ukrinform, citing Zelenskyy in a comment to the press

Quote: "We are struggling with a certain challenge right now – roughly US$4 billion that we need at present. We need it very much. So far, we have not closed this deficit."

Details: According to Zelenskyy, the Ministry of Finance understands where approximately US$3 billion of the required amount can be sourced, but the corresponding agreements are not yet in place.

The president noted that Ukraine has already found a mechanism to cover the majority of the previously identified deficit through bilateral support and agreements with the European Union.

Zelenskyy added that there is political will to provide Ukraine with a US$12 billion loan next year.

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Originally reported by Ukrainska Pravda by KATERYNA TYSHCHENKO. Read the full story at the source.