2024-08-12
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[Global Times reporter Li Ziyu] According to a report by the Financial Times on the 11th, Ukrainian Finance Minister Marchenko accepted an interview with the media and called on Ukraine's Western allies to speed up the issuance of a $50 billion loan, saying that delays in weapons deliveries have caused Ukraine's budget deficit to continue to expand, and Kiev has to work hard to raise funds to pay for military expenses.
The Financial Times said that Marchenko revealed that the slow delivery of weapons to Ukraine, especially from the United States, has led to an increase of $12 billion in Ukraine's military spending. The report added that this $12 billion means that Ukraine's deficit this year will reach $43.5 billion.
The report said that Marchenko said that the US Congress approved $27 billion worth of direct military aid in April this year, but its delivery is still "slow." "We still lack the necessary weapons, ammunition and shells," he said, which means that Ukraine "will lack funds to pay our troops' salaries."
The Financial Times mentioned that Ukraine's Western allies do not directly provide funds for Ukraine to pay its military salaries, but the lack of US weapons and the simultaneous increase in Ukraine's military spending mean that Ukraine will have to finance the war by cutting spending, selling state assets and raising taxes.