Ukraine is working on a "plan B" in case of no aid from the US - Ministry of Finance
Kyiv • UNN
If the U.S. Congress fails to approve funding for Ukraine's aid, Ukraine will call on the G7 countries to increase their contributions to support it.
If the U.S. Congress does not approve funding for the aid, Ukraine will call on the Group of Seven countries to increase their contributions to support it. This was stated by the Minister of Finance of Ukraine Sergiy Marchenko during a telethon, UNN reports.
"We always hope for the best solution to the issue from the point of view of our interests, and we hope that a solution will be found in the lower house. And now there are grounds for that. We hope that direct budget support will continue," Marchenko said.
The Minister of Finance noted that the support of the United States is key for cooperation with the International Monetary Fund to create a coalition of confidence that will be supported by the G7.
"We receive constant assurances from the US government that Ukraine will receive the funds. Therefore, this option is the main one," the official emphasized.
According to him, Ukraine is developing other opportunities.
"Option B, as we have already indicated, is to appeal to all the Group of Seven countries if we do not have sufficient support from the United States to increase their contributions to replace America," the minister explained.
He says that it can be not only the G7 countries, but also the countries of Northern Europe that support Ukraine.
As for US support, in February, the US Senate approved a $95.3 billion international aid bill that includes funding for Ukraine, Israel, and Taiwan.
According to the document, Ukraine will receive more than $60 billion, Israel will receive $14 billion, and $4.83 billion will be used to support partners in the Indo-Pacific region, including Taiwan, to deter Chinese aggression.
In addition, the bill provides $9.15 billion in humanitarian aid to civilians in Gaza and the West Bank, as well as in Ukraine and other conflict zones around the world.
The final approval of the bill requires a vote in the House of Representatives, and then the document must be signed by US President Joe Biden.
Recall
The White House opposes Speaker Johnson's proposal to provide Ukraine with aid in the form of a loan, arguing that the aid bill passed by the Senate meets Ukraine's defense needs and US national security interests.
