As early as January 2024, there may be problems with social spending with social spending if US congressmen do not agree on financial assistance to Ukraine for the next year. This was stated in a comment to Forbes Roksolana Pidlasa, chairman of the Verkhovna Rada Budget Committee, reports UNN.
Details
On January expenditures in the social and and humanitarian spending in January without US assistance may already face some difficulties, Ms. Podlasa said in a commentary to Forbes. She did not specify what volumes she was talking about.
Under this scenario, in January, the government may face a shortfall of UAH 20 billion in social spending in January, says another MP from the ruling of the ruling Servant of the People party, speaking on condition of anonymity.
If there is no US aid, the government will have to to cut spending, the government will also try to raise more money in the budget on the domestic debt market, Pidlasa said.
The option of printing hryvnia is not desirable, but it may be one of the options, said a Servant of the People deputy and a of the People deputy and a source in the Cabinet of Ministers.
Context
In the United States, disputes continue between the two main parties over a $111 billion bill with an aid package for Ukraine, Israel, and Taiwan. The document also includes funding to strengthen the border between the US and Mexico, but Republicans consider these measures insufficient and demand to increase funding.
Because of this, the US Senate blocked the bill on December 6. the bill on December 6. In fact, the issue of providing both military and financial assistance to Ukraine from the United States now depends on a consensus between Democrats and Republicans on the issue of the border with Mexico.
The document provides for $11.8 billion in direct budgetary support for Ukraine, of which $3.3 billion was to be received this year, and the rest - in 2024.