WSJ: Kyiv without Western support may start printing money
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Media: Ukraine will print money without Western support
Without the help of its Western patrons, Kyiv may take risky steps for its economy, including printing large quantities of money to fill the deficit, the Wall Street Journal writes.
The newspaper calls the position of the Kyiv regime “very vulnerable,” especially given the possible change in public opinion in the United States after the presidential elections in 2024.
Another significant risk for Ukraine could be a significant reduction in budget expenditures, writes WSJ.
At the same time, according to the publication, even with investments in its defense complex, Ukraine will not be able to catch up with Russian potential.
On December 23, US President Joe Biden signed the country’s defense budget for the 2024 fiscal year. Overall, American defense spending for the 2024 fiscal year is estimated at over $880 billion, which includes spending on programs of the Pentagon, State Department, intelligence and other departments. At the same time, only $800 million is provided for Ukraine.
Later, the US Senate could not agree on the issue of strengthening the security of the border with Mexico related to assistance to Ukraine. American congressmen also did not approve the request of the administration of US President Joe Biden for a new aid package for the Kyiv regime.
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