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Putin wants to draft 300,000 new troops, Zelenskiy says - Finance news and analysis from Global Banking & Finance Review
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Putin wants to draft 300,000 new troops, Zelenskiy says

Published by Global Banking & Finance Review

Posted on August 23, 2026

3 min read

· Last updated: August 23, 2026

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Putin May Draft 300,000 More Troops as Ukraine Is Hit by Funding Gaps

Escalation of the Russia-Ukraine Conflict and Its Financial Implications

By Max Hunder and Dan Peleschuk

Russian Troop Mobilization Plans

KYIV, Aug 23 (Reuters) - Ukraine thinks Russia is planning to draft an additional 300,000 troops for its war effort after Russian parliamentary elections in mid-September, Ukrainian President Volodymyr Zelenskiy said.

Moscow's forces are pressing ahead with an effort to capture the rest of eastern Ukraine's industrialised Donbas region, where its troops have ground forward at what Kyiv says is a great cost.

Peripheral Mobilisation Strategy

In comments to reporters released on Sunday, Zelenskiy said Russia could draft more troops in 2027 to reach an overall goal of 500,000, part of what he described as a "peripheral mobilisation" targeting Russia's far-flung regions.

"We believe it will not take place in the central cities," he said. "But I don't think they will be able to hide it very well."

Parliamentary elections in Russia are set for September 18 to 20.

Battlefield Developments and Ukrainian Gains

Fighting in Eastern Ukraine

As fighting rages around the strategic city of Kostiantynivka, Zelenskiy said Russia was losing a "maximum" amount of troops in its bid to advance into Ukraine's so-called fortress belt of eastern cities.

Territorial Changes

He also hailed recent gains by Kyiv's troops in southeastern Ukraine, adding that the amount of territory occupied by Russia and liberated by Ukrainian forces in 2026 would be equal.

Russian Missile Production and Air War

Missile Output Escalation

RUSSIA RAMPING UP MISSILE OUTPUT, ZELENSKIY SAYS

Russia is bolstering its battlefield offensive with an escalating air war on Ukrainian cities made worse by a critical shortage of U.S.-designed Patriot interceptors.

Patriot Interceptor Shortages

Zelenskiy said the 264 interceptors Ukraine is expecting to have received in 2026 represent a significant drop from 2025, when Ukraine received 364, and 2023, when it received 675.

Ballistic Missile Production Goals

He added that Russia was aiming to develop a capacity to produce up to 1,300 ballistic missiles per year.

Ukrainian Drone Strikes on Russian Infrastructure

Over the summer, Ukraine has escalated a campaign of drone strikes targeting Russian ​economic infrastructure, including oil refineries and online retailers' warehouses, ​seeking to destroy infrastructure it says is central to ⁠Russia's war effort.

Putin's Response to Economic Strikes

Russian President Vladimir Putin said in comments on Saturday ​that Kyiv had opened "Pandora's box" by striking ‌economic targets, saying Russia would hit back at Ukraine's "most sensitive economic sectors".

Ukraine's Energy Crisis and Funding Shortfall

Anticipated Energy Strikes

UKRAINE BRACES FOR NEW ENERGY STRIKES, FACES FUNDING GAP

Zelenskiy said Ukraine was facing another difficult winter of Russian strikes on its energy grid, a prospect that had prompted Kyiv's air force to ask for 360 missile interceptors for the season.

International Support for Air Defense

He also said he had reached an agreement with France on at least one SAMP/T air-defence system this year, and with Germany on the supply of about 600 PAC-2 and PAC-3 interceptors through 2028.

Defense Funding Gap

Ukraine's war effort is further complicated by a $27 billion defence funding gap this year, Zelenskiy said, a result of higher-than-expected spending in the first half of the year.

Future Financial Needs

At least $8 billion is needed for "a normal start" to 2027, plus about $20 billion more for military salaries, payments to families of the dead, as well as other financing, he added.

(Writing by Dan Peleschuk; Editing by Emelia Sithole-Matarise and Helen Popper)

Key Takeaways

  • Ukraine anticipates Russia drafting 300,000 new troops post‑Sept 2026 elections, with possible extension in 2027 to reach 500,000 total  (investing.com)
  • Patriot interceptor deliveries to Ukraine have fallen to roughly one‑third of 2025 levels, straining air defenses against increased Russian missile output  (internazionale.it)
  • Russia is expanding its ballistic missile production capacity, while Ukraine seeks more interceptors and production licenses amid a substantial defense funding shortfall  (lemonde.fr)

References

Frequently Asked Questions

How many additional troops does Russia plan to draft according to Ukraine?
Ukraine believes Russia plans to draft 300,000 additional troops after Russian elections.
What is the reason for Ukraine's $27 billion defense funding gap?
The $27 billion defense funding gap is a result of higher-than-expected spending in the first half of the year.
How is Russia escalating its war efforts, according to Zelenskiy?
Russia is increasing missile output and intensifying air attacks on Ukrainian cities, targeting economic infrastructure.
What air defense support is Ukraine expecting from allies?
Ukraine expects a SAMP/T air-defence system from France and about 600 PAC-2 and PAC-3 interceptors from Germany through 2028.
What is Ukraine's outlook for the upcoming winter?
Ukraine is preparing for difficult winter energy strikes and is requesting 360 missile interceptors for grid protection.

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