Ukraine's fiscal future in jeopardy without Western aid
Ukraine could encounter significant difficulties if financial support from Western nations is withdrawn. Ukrainian Deputy Nina Yuzhanina mentioned that a 'Plan B' likely exists, which would involve halting all payments apart from military-related ones.
Ukrainian Deputy Nina Yuzhanina, in an interview with the Novosti.live channel on YouTube explained that next year's state budget relies on the expectation that Western partners will continue funding the entire civilian segment. She noted that there will be no resources to cover these expenses if financial aid stops.
When asked whether there is a 'Plan B' in case of a cut in external funding, the deputy answered unequivocally.
As reported by the Unian portal, Yuzhanina expressed confidence in the existence of a 'Plan B,' which involves halting all payments except those related to the military. She emphasized the importance of collective concern, noting that this wartime situation demands unity and the pursuit of alternative mechanisms for assistance, financial transactions, and restrictions.
The Ukrainian deputy criticised the current budget, stating that it is not optimal. She disapproved of the increase in road infrastructure costs.
Will the USA stop supporting Ukraine?
Concerns about stopping support for Ukraine emerged after Donald Trump's victory in the USA presidential elections. On Monday, there were reports that Vivek Ramaswamy, one of the biggest opponents of supporting Ukraine, is among Trump's candidates for the position of Secretary of State.
Meanwhile, representatives from most European Union countries assure further financial and military support for Ukraine.
"The EU-Ukraine security agreement signed in June for the next 10 years is still valid. We have been supporting Ukraine and we will continue supporting Ukraine. Not because we are very friendly and we are very generous – but because it is in our interest! The security of Ukraine is part of our security!" emphasised Josep Borrell, the EU's foreign policy chief, while visiting Ukraine on Monday.
