22 Hrs
Source:
قناة المنار
Kyiv's plan to reduce non-military spending
Ukraine is facing its toughest financial situation since 2022, as Finance Minister Serhiy Marchenko announced that the country may have to cut non-military expenditures to address the crisis. It is projected to need $50 billion in foreign aid by 2027, of which $32.6 billion remains uncertain. The country's debt has increased significantly, with government debt rising 3.5 times since February 2022. Forecasts also indicate a $27 billion deficit in the defense budget. Meanwhile, President Zelensky criticizes Europe's declining support due to internal crises, as pressure on Kyiv's allies mounts, especially with winter approaching.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)