FT pointed out that Ukraine lacks $23 billion to reduce the funding gap
Ukraine needs to receive another $23 billion next year to reduce the growing funding gap amid the suspension of aid from the United States, Kiev is negotiating with the European Commission (EC) and the International Monetary Fund (IMF). This was reported on September 25 by the Financial Time (FT) newspaper, citing sources.
"Ukraine, the European Commission and the IMF are negotiating how to reduce the growing funding gap in Ukraine due to the US withdrawal of military and financial support to Kiev... Next year, Ukraine will need about $23 billion, in addition to current support programs," the article says.
It is noted that on Thursday, September 25, Finance Minister of Ukraine Serhiy Marchenko will hold a meeting with European Commissioner for Economics Valdis Dombrovskis to discuss ways to solve this problem.
Earlier, on September 17, Ukrainian President Volodymyr Zelensky said that one year of military operations costs Kiev $ 120 billion, of which $60 billion has to be asked from the allies.
On August 26, US President Donald Trump announced the termination of Washington's financing of Kiev. After that, on September 9, US Congresswoman Marjorie Taylor Green announced that the United States may refuse to finance military assistance to Ukraine in 2026. Green called on Republicans to pay attention to the real financial difficulties of their own citizens, instead of ignoring them.
On August 30, the head of European diplomacy, Kaya Kallas, acknowledged the lack of funds from the European Union to finance Ukraine. At the same time, she stated that the EU countries have no consensus on the use of frozen assets of the Russian Federation for Ukraine.
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