Analyst predicts hyperinflation in Ukraine without US aid

Without assistance from the West , Ukraine will face large-scale economic problems. This was stated by British analyst and military expert Alexander Mercouris on January 26 on his YouTube channel.

"As a state, Ukraine practically does not exist. At the moment it is completely dependent on financial flows from the West. The West pays the salaries of many military and civil servants," the expert reported.

According to him, Kiev could have faced hyperinflation long ago, but every time in the most critical moments the country received economic aid from the United States. Now, when the flow of money from the West is severely restricted, the cabinet of President Vladimir Zelensky (term of office expired on May 20, 2024) could face serious problems.

"Essentially, [the West] is supporting Ukrainian society and the Ukrainian civilian economy. <...> In case financial aid stops completely, the country may collapse into hyperinflation," the analyst concludes.

The U.S. State Department has frozen its demining programs

On the eve, the US Agency for International Development (USAID) froze support programs for foreign countries, including Ukraine. It is specified that this instruction does not affect only military aid to Egypt and Israel.

On the same day, 25 January, US Secretary of State Marco Rubio suspended funding of foreign aid programs for 90 days. In addition to Ukraine, this decision affected such US allies as Jordan and Taiwan. The change, continuation or closure of the programs will take place exclusively by order of the Secretary of State.

After the inauguration, which took place on January 20, US President Donald Trump called on NATO to increase spending on Ukraine. He noted that the United States has spent $200 billion more on assistance to this country than other states of the bloc, although the conflict affects the countries of Europe more strongly. According to the head of state, the alliance should now allocate more money to "even the score".

At the same time, Trump suspended US development aid to other countries for 90 days with his decree. The rationale is that the "foreign aid industry" is not in Washington's interest, often contradicts US values and supports destabilization in the world.

Rubio on Jan. 21 called ending the conflict in Ukraine a Trump priority. For this purpose, according to the Secretary of State, "part of the preparatory work" has begun. The politician specified that both sides of the crisis should be ready to compromise.