“It is impossible to answer the question of where else to get money for the coming years. Since it is absolutely not clear how much and for what Ukraine needs funds. If we reformulate the question in this way, whether this financing will cover the budget deficit for the next year, in this sense, yes. But will there be enough funds – no. Because it is absolutely unclear why”, — write on: ua.news
It is impossible to answer the question of where else to get money for the coming years.
Since it is absolutely not clear how much and for what Ukraine needs funds. If we reformulate the question in this way, whether this financing will cover the budget deficit for the next year, in this sense, yes. But will there be enough funds – no. Because it is absolutely unclear what exactly and what is missing.
A goal is something that is sought to be achieved. You have seen somewhere that representatives of the authorities said: in 2026, we have… — and then a list of what exactly we have to do. Is there such a thing? No. There is no such thing.
The budget deficit for next year is about two trillion hryvnias. Does that $45 billion a year cover that deficit? Almost overlapping, but so what? Absolutely nothing. Look at the budget structure. Have any peacetime expenses become smaller there? No. The fourth year of full-scale war, but the spending structure remains the same as in 2021. Some reductions have occurred, but not more.
I do not understand the purpose: what should we do with this money from the Europeans. There is no goal. Therefore, it is impossible to give an answer to the question of how much money we lack, because I do not understand what exactly we need it for, except for general phrases. Did Mindich’s schemes, “two-for-Moscow” schemes go somewhere? Did not share. Can anyone guarantee that the issued loans will not disappear in an unknown direction like the previous ones? No.
It is not clear how the new loans will help, if the expenditure structure is completely opaque and there is no final goal. There are situational budget financing tasks, but there is no goal. “Survival” is not a goal, it is a given. If “survival” becomes the goal, then money is no longer a question at all. And if there is no goal, then all cash flows eventually go nowhere.
Yurii Havrilechko
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