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Back|Ukrainian economist Elena Bilan said there is no “plan B” for the country’s budget
Ukrainian economist Elena Bilan said there is no “plan B” for the country’s budget
Politics
Лента.ру·1 hour ago·Politics·1 min read·🇷🇺Russia·

Ukrainian economist Elena Bilan said there is no “plan B” for the country’s budget

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Economist Elena Bilan said Ukraine has no alternative plan for financing the budget if Western aid ends, and called the lack of external loans a path to defeat in the conflict, given the country's growing military spending.

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Why It Matters

Ukraine faces rising costs of fighting, requiring ongoing external funding.

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If Ukraine cannot attract a loan from Western countries to close the hole in the budget, then it is doomed to defeat in the conflict with Russia. An unexpected plan “B” for the conflict was named by Ukrainian economist Elena Bilan in a conversation with the publication “Public”.

“I believe there is no plan B. That is, plan B is actually a loss in the war,” the economist said.

She added that the cost of military operations for the Ukrainian budget is growing rapidly. Ukraine is not capable of providing for its military needs on its own.

Open Questions

  • ?What is the current budget deficit?
  • ?What specific timeframes for cessation of assistance are being considered?

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This article was originally published by Лента.ру.

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Economist Elena Bilan said Ukraine has no alternative plan for financing the budget if Western aid ends, and called the lack of external loans a path to defeat in the conflict, given the country's growing military spending.

AI-generated summary

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Лента.ру
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Published
1 hour ago
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Ukraine
budget
Elena Bilan
Ukraine
Elena Bilan
Public
budget
Elena Bilan
economics
financing

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