UpdateUkraine has received more than EUR 38 billion in international financial aid in 2023. “That has allowed us to finance all necessary expenses,” said Ukrainian Finance Minister Serhi Marchenko in a video interview with the magazine ‘Forbes Ukraine’. This mainly concerns defense expenditure, but also pensions, aid for displaced people and salaries of civil servants. The past year was therefore more stable than 2022.
Russia’s war of aggression against Ukraine, which started on February 24, 2022, is costing Kiev more than 120 million euros every day in defense expenditure alone.
About the future, Marchenko said that he is “less concerned about the year 2024 than about the year 2025”. This is mainly due to the uncertainty surrounding further support from the European Union and the United States due to elections in 2024. Next year, according to Kiev Martchenko needs 33 billion euros in international aid.
US spends last available money for Ukraine
On Wednesday, the United States will transfer the last portion of the previously approved aid package to Ukraine, Secretary of State Antony Blinken said.
This concerns a package worth 250 million dollars (225 million euros), which provides Ukraine with, among other things, anti-aircraft guns, ammunition and anti-tank weapons. This aid will use up all the money Congress previously approved. According to Blinken, it is therefore “absolutely necessary” that Congress now acts as quickly as possible to approve a new aid package.
US President Joe Biden would like to release a joint package of 110 billion dollars (approximately 100 billion euros) for military, economic and humanitarian support for Ukraine and Israel. Senate Republicans have so far blocked that plan.
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