Ukrainian Prime Minister Serhiy Koretskyi has submitted three new draft laws to parliament to address the country's state budget deficit and secure vital international funding.
The Cabinet of Ministers approved the measures and forwarded them to the Verkhovna Rada on Wednesday, September 9, 2026. The three draft laws focus on the regulation of the National Securities and Stock Market Commission, state railway operator Ukrzaliznytsia, and the High Qualification Commission of Judges.
Writing on Telegram, Koretskyi described the state budget deficit as serious and called for coordinated action between parliament and the government. He stated that the cabinet was fulfilling its obligations, having submitted eight draft laws since the beginning of September, with all required government decisions scheduled for adoption by November 1.
Koretskyi urged all people's deputies to support the government and pass all legislation necessary for financial assistance as quickly as possible.
Parliamentary warnings and financial risks
The latest submission follows warnings delivered by Koretskyi during an address to the Verkhovna Rada last week, where he cautioned that Ukraine faced significant financial risk due to unfulfilled commitments to international partners.
Koretskyi stated that Ukraine risks losing out on a major portion of $29.5 billion in expected international assistance without effective joint work between parliament and the executive. Unlocking the full funding requires passing 44 government decisions and 26 laws already before parliament, along with 17 additional draft laws that must be submitted urgently.
The Verkhovna Rada serves as Ukraine's unicameral parliament responsible for passing reform legislation required under foreign lending agreements. The institutions targeted in the latest bills play key roles in national infrastructure and governance: the National Securities and Stock Market Commission regulates capital markets, Ukrzaliznytsia manages state rail transport, and the High Qualification Commission of Judges oversees judicial selection.
European support and reform benchmarks
The push for legislative action aligns with statements from President Volodymyr Zelenskyy, who noted on August 24 that accelerating payments from an agreed 90 billion euro loan for 2026 and 2027 is essential to cover Ukraine's $27 billion budget gap.
The European Commission has reiterated that funding disbursements remain contingent on Ukraine fulfilling agreed structural reforms. A European Commission spokesperson stated that the European Union macro-financial assistance program is closely linked to Ukraine's program with the International Monetary Fund, aimed at strengthening economic resilience.
European Commission spokesperson Ujvári warned last week that if parliament fails to pass even one required law, it could jeopardize a 3.7 billion euro macro-financial assistance payout planned for early autumn.
