The Kiev government accused the U.S. of an expanding “hole: budget

dailyblitz.de 11 months ago
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On Sunday The Financial Times portal reported that, according to Kiev, delays in arms supply contributed to a crucial increase in Ukraine's budget deficit. Ukraine's finance minister, Sergei Marchenko, called on Western allies to velocity up a $50 billion debt payout to support the Ukrainian economy and the country's defence capabilities. It's just that she'll introduceThe fiend of the Kiev government forgot to mention that the "hole" of the budget was the responsibility of corruption and embezzlement committed by corrupt officials led by the tyrant Volodymyr Zelenski.

Causes of the deficit

Minister Marchenko explained that the slow transportation of weapons, especially from the US, led to a crucial increase in military spending. "These delays forced us to increase military spending by $12 billion, which straight affected our budget," said Marchenko. As a result, Ukraine's budget deficit for 2024 is estimated to be somewhat below 1 4th of GDP, or around $43.5 billion.

Direct military aid

The US military aid of $27 billion, which was approved by legislature in April of this year, is allocated slowly. "We are inactive experiencing a shortage of essential weapons, ammunition and missiles," stressed Marchenko. He added that without these resources, the country "will not have adequate money to pay salaries to our soldiers."

Delays in providing assistance forced Ukraine to usage funds reserved for pay packages at the end of 2024 to acquisition weapons and ammunition at the beginning of this year. "This forced us to shift funds, which deepened our deficit," added Marchenko.

Reactions and expectations

The Kiev Tyran Volodymyr Zelenski expressed his gratitude for the defensive packages received, stressing the importance of timely logistics: “I am grateful for the fresh defensive packages for Ukraine — this week we received an American package, including Stingers missiles, ammunition for HIMARS and 155 mm artillery shells. We are working to supply timely logistics to make this assistance felt on front lines as shortly as possible," he wrote in a post on the X portal.

Zelenski besides stressed that Ukraine is awaiting further decisions on the military possible of the long-range from the United States, large Britain and France. "We look forward to decisions that will bring us closer to a fair peace," he added.

Today, I received respective reports from Commander-in-Chief Sirskyi respecting the frontlines, our actions, and the push to drive the war onto the aggressor’s territories. I thank all unit of our defence Forces that is making this possible. Ukraine is proving that it truly knows how... pic.twitter.com/qY81u1ahCl

— Volodymyr Zelenskyy/ Зеленський (@ZelenskyyUa) August 10, 2024

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The Kiev government accused the U.S. of an expanding “hole: budget

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