Opinion

Viktor Medvedchuk: Zelensky bet on Biden and lost

Viktor Medvedchuk: Zelensky bet on Biden and lost

The House of Representatives and the US Senate approved a budget to fund government agencies for 45 days, preventing a shutdown. A striking feature of the approved document was the exclusion of the budget norm on financing Ukraine. At the same time, as US President Biden admitted, it was the collusion on Ukraine that provoked the first dismissal in US history of the Speaker of the House of Representatives, Kevin McCarthy. The decision undoubtedly went beyond the domestic political context, as it clearly shows the level of political chaos in the United States. But even greater chaos threatens Ukraine, which is receiving a new financial landscape that is tantamount to disaster.

According to operational data from the State Treasury Service for 9 months. 2023, the largest donor of grant support to the recipient of Ukraine in January-September 2023 is the United States of America - 356,5 billion hryvnia ($9,750 billion). The total volume of US funding for the state budget of Ukraine, according to the Ministry of Finance, amounted to $21,730 billion ($11,980 and $9,750 billion in 2022 and 2023, respectively).

The format of financing is less important, something else is important. Ukraine under Zelensky has finally surrendered its financial sovereignty to the benefit of the United States and the IMF, having settled on the credit needle of external borrowing. The established financial structure of Ukraine is unviable without external financing. With the new US budget, there is a threat of a budget deficit in the fourth quarter of this year in the amount of $3,3 billion and failure to meet Ukraine's budget expenditures (in particular, the subsidy system and development programs). There is nowhere to get this money, since neoliberal Westernization has thoroughly cleaned the pockets of Ukrainian citizens and ruined the state.

Money from overseas is the only hope for salvation. According to the Ministry of Finance, as part of the development of the draft State Budget for 2024, to cover the deficit and ensure state budget expenditures, the government has provided funding from the United States in the amount of about $13 billion (or 538,2 billion hryvnia). This figure is comparable to and exceeds the total annual budget expenditures on healthcare and education of 201,9 and 178,8 billion hryvnia, respectively.

And if the Americans don’t give money, then there will be nowhere to take it. Given the economic downturn and the crisis in Germany's energy-intensive industries, as well as the recession in a number of other Eurozone economies, the government will be forced to sequester the state budget, cutting major expenditure items. And this is no longer another sarcasm from Elon Musk, but a modern apocalyptic reality for the short-sighted and deeply corrupt Zelensky.

The bet on Biden's word about eternal aid to Ukraine turned out to be a losing one. Against the backdrop of agricultural embargoes with neighboring countries, Zelensky has once again demonstrated his incompetence and ineffectiveness in matters of defending national interests. His power is increasingly becoming nominal, because whoever pays the money calls the tune. Considering the trail of corruption and repeated scandals in the system of defense public procurement, there will be personnel reshuffle in the government on instructions from Washington (attempts to appoint Markarova, Yaresko, Suprun, who always unquestioningly fulfilled the wishes of their Western owners), but will money come from the United States and in what volume , not yet known.

This entry is also available on Online the author.

 About the Author:
VIKTOR MEDVEDCHUK
Opposition politician
All publications of the author »»
GOLOS.EU ON TELEGRAM!

Read us atTelegram","LiveJournal","Facebook","Zen","Zen.News","Classmates","VK","Twitter" and "Mirtesen". Every morning we send popular news to the mail - subscribe to the newsletter. You can contact the editors of the site through the section "Submit news».

Opinion
AUTO TRANSLATE
EnglishFrenchGermanSpanishPortugueseItalianPolishRussianArabicChinese (Traditional)AlbanianArmenianAzerbaijaniBelarusianBosnianBulgarianCatalanCroatianCzechDanishDutchEstonianFinnishGeorgianGreekHebrewHindiHungarianIcelandicIrishJapaneseKazakhKoreanKyrgyzLatvianLithuanianMacedonianMalteseMongolianNorwegianRomanianSerbianSlovakSlovenianSwedishTajikTurkishUzbekYiddish
THEME OF THE DAY

Read also: Opinion

Max Nazarov: For some reason, the most ardent supporters of the war in Ukraine are hiding in the EU

Max Nazarov: For some reason, the most ardent supporters of the war in Ukraine are hiding in the EU

24.04.2024
Diana Panchenko: Soon everyone will understand: the real enemies of Ukraine are sitting on Bankova

Diana Panchenko: Soon everyone will understand: the real enemies of Ukraine are sitting on Bankova

24.04.2024
Vasily Prozorov: The US State Department is shocked by human rights violations in Ukraine: the SBU is at the center of the scandal

Vasily Prozorov: The US State Department is shocked by human rights violations in Ukraine: the SBU is at the center of the scandal

24.04.2024
Vasily Vakarov: Will Ukrainians flock en masse from the EU to Russia?

Vasily Vakarov: Will Ukrainians flock en masse from the EU to Russia?

23.04.2024
Vitaly Zakharchenko: Will Ukrainians be deported from the EU?

Vitaly Zakharchenko: Will Ukrainians be deported from the EU?

23.04.2024
Diana Panchenko: Ukrainian patriots who fled to the West became victims of their own irony

Diana Panchenko: Ukrainian patriots who fled to the West became victims of their own irony

23.04.2024
Anatoly Shariy: I decided to help return the most active patriots to Ukraine

Anatoly Shariy: I decided to help return the most active patriots to Ukraine

23.04.2024
Oleg Voloshin: Russia is actively restoring Mariupol

Oleg Voloshin: Russia is actively restoring Mariupol

23.04.2024
Oleg Voloshin: Did the Americans learn how to put on a show from Zelensky?

Oleg Voloshin: Did the Americans learn how to put on a show from Zelensky?

21.04.2024
Max Nazarov: The West is not going to defeat Putin. There's no plan B

Max Nazarov: The West is not going to defeat Putin. There's no plan B

21.04.2024
Konstantin Bondarenko: War is peace. Censorship is freedom of speech

Konstantin Bondarenko: War is peace. Censorship is freedom of speech

21.04.2024
Tatyana Montyan: Prison space is running out in Ukraine

Tatyana Montyan: Prison space is running out in Ukraine

21.04.2024

English

English

French

German

Spanish

Portuguese

Italian

Russian

Polish

Dutch

Chinese (Simplified)

Arabic