Ukraine Is in Danger of Budget Cuts Due to Delay in Western Aid
5 Articles
5 Articles
Ukraine is at risk of major budget cuts, devastated by a full-scale war, unless lawmakers adopt unpopular measures needed to access billions in Western aid by winter.
Ukraine can expect large-scale budget cuts if the Verkhovna Rada does not take the measures necessary to receive Western financial assistance, Ukrainian Prime Minister Serhiy Koretsky said in an interview with Bloomberg
Ukraine can expect large-scale budget cuts if the Verkhovna Rada does not take the measures necessary to receive Western financial assistance, Prime Minister of Ukraine Serhiy Koretsky said in an interview with Bloomberg.According to the prime...
Ukraine will have to cut its budget, which is already exhausted by military action, if the deputies of the Verkhovna Rada do not take the unpopular measures necessary to obtain billions of dollars of Western aid before the winter, as Prime Minister Sergei Koretski reported to Bloomberg.
Ukraine risks facing massive budget cuts if the Verkhovna Rada does not decide on receiving Western aid. Disputes in parliament have already led to a delay of about $4 billion from the European Union. At the same time, the state of public finances is assessed as “close to critical”. This was reported by Prime Minister of Ukraine Sergey Koretsky in an interview with Bloomberg. READ ALSO: Minister Taras Vysotsky told whether Ukraine is in danger o…
He wrote about it on Facebook.” The situation with public finances is close to critical,” Koretsky said, addressing parliamentarians of all factions and groups.According to him, the government after several preliminary meetings with parliamentarians will officially send to all MPs and relevant committees a schedule with clear deadlines for each necessary chair promotion. In case of violation of these deadlines, Ukraine risks losing a significant…
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