Ukraine's prime minister on Wednesday said Kyiv counted on Western allies' steady financial support, estimating it needed around $37 billion this year.

The announcement comes as uncertainties surround EU and US aid to Ukraine, with both major allies mired in political divisions.

"This year's needs exceed $37 billion. We count on regular, stable and timely assistance from partners," Ukrainian Prime Minister Denys Shmygal said at a government meeting.

In comparison, Ukraine received $42.6 billion in external financing in 2023, 27 percent of which was donations, he said.

Shmygal listed the European Union, the United States, the International Monetary Fund, Japan, Canada, Britain and the World Bank as Ukraine's main backers.

But an EU aid package worth 50 billion euros ($55 billion) has been stuck in Brussels by Prime Minister Viktor Orban, while the US Congress remains divided on sending additional aid to Ukraine.

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Aid promised to Ukraine between August and October 2023 fell almost 90 percent from the same period in 2022, reaching its lowest point since the start of the war, according to a Kiel Institute survey from December.

"The outlook is unclear, since the largest pending aid commitment -- by the European Union -- has not been finally approved, and aid by the US has been on the decline," the institute said.

Since the beginning of the war, Ukraine's allies and multilateral organizations have pledged nearly 255 billion euros in aid, of which 141 billion euros are in financial aid, 98 billion euros in military aid and nearly 16 billion euros in humanitarian aid.

A Сounter To JD Vance
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A Сounter To JD Vance

The stark reality is that without very immediate military backing and supplies from the US, Ukraine could lose the war, or at least significantly more territory, the author writes.
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Comments (3)

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ukrainewillwin
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its either help Ukraine or spend more money on more conflicts that pootin will continue with,its a bit rude to be putting money before innocent Ukraine lives dont you think

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jdoe308
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The West is struggling and is almost broke because of this war and the aid to Ukraine. It's really like burning money. This war will therefore definitely end this year. Will China buy out the USA? Never again war!

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john
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Ukraine is like a gambling addict who is now thrown out of the casino just as broke as he came in

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