Western aid will depend on the result of US presidential election and could shrink, according to Sergey Marchenko
Ukraine is likely to face uncertainty and challenges in 2025 as financial support from Kiev’s foreign backers is expected to further dwindle, according to Finance Minister Sergey Marchenko.
Reliant on financial assistance from its Western donors, Kiev received a $60-billion US aid package this year, despite a long stall in Congress. Next year, however, it should not expect similar financial injections, as Western aid largely depends on the outcome of the presidential election in the US later this year, Marchenko told RBC Ukraine on Tuesday.
“The year 2025 will be more difficult. This is a year of uncertainty, a year of decisions that may not work out,” the minister said.
While noting that Ukraine is “ready for the most difficult decisions” and should “rely only on itself,” Marchenko said that to make ends meet and to be able…