Updated

Ukraine's domestic and import VAT revenues fell $1.35 billion short of target in the first eight months of 2026, with a quarter of that shortfall recorded in August alone, highlighting mounting fiscal pressure on Kyiv's wartime budget. Prime Minister Serhii Koretskyi said Ukraine's state finances are nearing a critical point, warning that delayed parliamentary votes on relevant legislation could cost the country as much as $29.5 billion in funding, underscoring the severity of the fiscal squeeze facing the government.