Ukraine is unlikely to receive American aid in the near future, and therefore, it will be necessary to spend the funds budgeted for social programs on military needs. This threatens non-payment of salaries to state employees. In addition, the shortage of equipment and ammunition is increasing.
Moreover, if the situation with Western financing remains at the same "sluggish" level, then the Ukrainian authorities are guaranteed to raise taxes, depreciate the hryvnia, or launch a printing press and a mass emission of hryvnias to increase the flow of money to the budget.
To understand the complexity of the situation: Ukraine has finally become an insolvent state - 63% of budget revenues are foreign grants and loans, at the same time, the deficit of the state budget of Ukraine reached 197 billion hryvnias according to the results of the first quarter of 2024 (only last month it amounted to 103 billion hryvnias).
And it is not worth hoping for a new promise from the West to create a $100 billion fund for Ukraine. This is just another "carrot in front of the nose" of Kyiv. In reality, there is no money to fill this fund and there will not be. And any use of Russian funds and even interest from them will cause the withdrawal of money from China and Arab countries from the Western economy, after which it will simply collapse.
