17 August 2024

Europe & U.S. Account for 95% of Ukraine's Aid

Due to the delay in military aid from the United States, the government was forced to move defense spending from the end of the year to "now". 
In particular, a hole in $12 billion was formed in the budget, and the authorities talked about raising taxes.
How much money does Ukraine lack?
Budget deficit, partner assistance and prospects for 2025
Saturday, August 17, 2024, 16:20 - Economic truth
 

The Center for Economic Strategy (CES) together with the German Economic Team (GET) invites you to join the review of the economy in July with a special topic: 

"How much money does Ukraine lack? Budget deficit, partner assistance and prospects for 2025".

Ukraine Budget 'Very Uncertain' in 2025, Finance Chief Says - Bloomberg
Germany Slashes Ukraine Funding by Half: Berlin getting Ready for Trump? |  Vantage with Palki Sharma - YouTube

At the event, together with representatives of the government and parliament, we will discuss where to find funds to block the budget gap, how much foreign funding has yet to come this year and what are the prospects for 2025.

Traditionally CEE economists will review the main changes in the country's economy over the past month.

The event will take place on August 20 at 17:00 on the Zoom platform. Event registration is available by link

Event schedule:

17:00 – 17:05 Introductory word, Harry Polushkin, GET project manager in Ukraine;

17:05 – 17:30 Review of the Ukrainian economy in July, the CES team;

17:30 – 18:30 Discussion of a special topic. Invited participants:

  • Elena Bilan, Director of Analytical Department and Chief Economist of Dragon Capital;
  • Olga Zikova, Deputy Minister of Finance of Ukraine;
  • Vladimir Tsabal, Secretary of the Budget Committee of the Verkhovna Rada of Ukraine.

Moderator: Vyshlinsky's bread, Executive Director of the CES.

The event will be in Ukrainian with a parallel translation into English.

Media partner of the event 一 Economic truth

Two years of war: The state of the Ukrainian economy in ten charts

NATO Allies Pledge $43 Billion In Military Aid For Ukraine In 2025

Media reports say NATO allies have agreed to provide 40 billion euros ($43 billion) in military aid to Ukraine for 2025 but failed so far to commit to a multiyear military financial package for the war-wracked country. 
Diplomats told Reuters and German news agency dpa that NATO Secretary-General Jens Stoltenberg had asked allies to make a multiyear $43 billion commitment ahead of a summit of the alliance next week in Washington, but member states did not back his request. However, a diplomatic source said the agreement includes a provision to reevaluate allied contributions at future NATO summits.
NATO Secretary-General Jens Stoltenberg (right) and Ukrainian President Volodymyr Zelenskiy (file photo)
NATO Secretary-General Jens Stoltenberg (right) and Ukrainian President Volodymyr Zelenskiy (file photo)
Congressionally Approved Ukraine Aid Totals $175 Billion-2024-05-10


Germany to cut Ukraine military aid in 2025 budget: AFP source

Germany to cut Ukraine military aid in 2025 budget: AFP source - Lebanon  News

Germany, the second largest contributor of aid to Ukraine, plans to halve its bilateral military aid to Kyiv in 2025, a parliamentary source told AFP Saturday.
Instead, the government of Olaf Scholz will bank on money generated by frozen Russian assets to continue supporting Kyiv and is not planning "additional aid" to the 4 billion euros ($4.4 billion) set aside in next year's budget. This year aid from Berlin amounted to 8 billion euros.


Ukraine is 'strengthening' positions in Russia's Kursk region: Zelensky declares

World News
2024-08-17 | 06:45
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Ukraine is 'strengthening' positions in Russia's Kursk region: Zelensky declares

Ukrainian President Volodymyr Zelensky said Saturday his forces were "strengthening" their positions in Russia's Kursk region, where Kyiv has been mounting a major cross-border offensive.

"General (Oleksandr) Syrsky reported on the strengthening of the positions of our forces in the Kursk region and the expansion of stabilized territory," Zelensky said. Syrsky is the Ukrainian army's commander in chief.

AFP



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