The head of the IMF, Kristalina Georgieva, believes the West should provide financial aid to Ukraine as soon as possible. In her opinion, Ukraine can cope with the likely short-term financing deficit for “a couple of months.” However, Ukraine’s economic recovery will be in jeopardy if it is forced to adjust to a lack of new financial support. Further delays could force Ukraine to return to destabilizing policies such as money printing.
“We need Ukraine’s partners to contribute – both the US and the EU. In the end, I remain optimistic,” Georgieva added.
The head of the parliamentary finance committee, Danylo Hetmantsev, gives his assurance that the government can finance all planned expenditures in January-February 2024 even without new financial aid.
Advisor to President of Ukraine Oleg Ustenko noted that in the absence of support from the West, Kyiv will resort to plan B. In the first stage, it will be enough to turn to the domestic market for capital borrowing.