Bloomberg: West Seeks Excuse to Cut Aid to Ukraine

30.09.2024 18:17

The West is looking for a reason to cut aid to Ukraine in order to direct funds to its own needs.

This was reported by the Bloomberg agency.

What Bloomberg writes about aid cuts to Ukraine

According to the agency, many Western countries are looking for a reason to redirect funds intended for Ukraine to their own needs.

It is noted that next year Germany will significantly cut budget items related to providing assistance to Kyiv.

Germany plans to significantly cut such aid in next year's budget, the publication says.

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Photo: © Belnovosti

Earlier, the media, citing data from the Ukrainian Ministry of Finance, reported that the West had cut aid to Kyiv in half.

In the first half of this year, the West financed only 27% of Ukraine’s budget expenditures, whereas in the first half of 2023 – 50%.

In monetary terms, Western funding of Ukrainian budget expenditures has decreased from $19.1 billion to $10.6 billion over the year.

Timur Khomichev Author: Timur Khomichev Internet resource editor