Economics

"In addition to war will be a crisis": the Ministry of Finance was warned that the budget for 2024 has a "hole" of $ 29 billion

Minister Serhiy Marchenko stated that Ukraine needs help from the Allies and urgently. He stressed that the consequences of the crisis will be "very traumatic" for the whole of Europe. This week, the budget for 2024 will be approved in Ukraine. A hole is expected to occur in the amount of $ 29 billion. This was reported with reference to the statement of the Minister of Finance of Ukraine Serhiy Marchenko in Politico.

"Macroeconomic stability is quite important because we will have an economic crisis in addition to the war. If there is a crisis in Ukraine, you will have side effects in the EU," he said. The minister assured that Ukraine is ready to reform and to strengthen the fight against corruption. At the same time, he stressed that the help of partners was urgently needed. "We are ready to discuss, but we are not ready for the fact that it can lead to a delay in providing support to Ukraine.

We need money since the beginning of next year," Marchenko said. According to him, the consequences of delays in the support of Ukraine will also be noticeable for the European Union. "The consequences of the economic crisis will be very traumatic not only for Ukraine, but for the whole of Europe," the official emphasized. In addition, he recalled the frozen G7 countries. The Minister asked the Allies to send these approximately $ 300 billion to Ukraine.

"This is a legitimate priority for Ukraine - to get these Russian frozen assets for the restoration of Ukraine," Marchenko said. He also recalled Ukraine's accession to the EU. According to the official, Kiev has made all the prerequisites to start negotiations and expects to join the European Union. We will remind, the details of the project of the State Budget of Ukraine for the next year was shared by the People's Deputy Yaroslav Zheleznyak.