The International Monetary Fund estimates that Ukraine needs about $5 billion a month to provide basic services to the population and support the economy.
The United States has announced its willingness to support Ukraine’s financial system with $1.5 billion in monthly aid as the all-out war against Russia continues, and is pushing its European allies to provide a similar amount, Bloomberg reported, which cited people familiar with the matter.
According to the publication’s interlocutors, the administration of US President Joe Biden has spoken with EU officials, especially in recent days, where he insisted that Europe do more. Earlier, the bloc’s allies and some European diplomats criticized it for the extremely slow pace of decision-making on support for Kyiv.
Current discussions between the US and the EU are about creating a more regular mechanism to support Ukraine’s economy as the war enters a protracted phase. The American side pointed out that in Congress there will be increasing demands for a more equal distribution of support for Kyiv among the allies.
EU leaders are expected to discuss Ukraine’s financial needs at an informal summit in Prague late next week. Diplomats in charge of preparations for the meeting were told that the expected amount of funding from European countries would be $1.5 billion a month – as in the case of the United States.
The International Monetary Fund estimates that Ukraine needs about $5 billion a month to provide basic services to the population and support the economy.
Recall that on Friday, September 30, the US House of Representatives approved a bill on temporary state funding, which provides for the allocation of financial assistance to Ukraine in the amount of $12.3 billion.
Source: korrespondent
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