PoliticsWar Ukraine will be able to confront Russia without US assistance during the first half of 2025. Thursday, December 12, 2024

However, the likely termination of US aid to Ukraine could become a serious challenge, so Ukraine needs a plan for cooperation with the new US administration, said Minister of Finance Serhiy Marchenko.

The Ministry of Finance assumes that tax revenue receiving almost half of the $50B that the G7 countries will provide from Russian assets will make it possible to provide all of the Ukrainian military’s critical needs.

“The state budget for 2025 is formed in the way to pass the next year, despite the challenges of war, stably,” the department noted.

More than ₴2.2T is provided for defense next year. Of this, ₴740B will be directed to purchasing weapons and almost ₴50B to producing and buying UAVs. The $50B loan includes $20B each from the US and EU, $3B from the UK, $3.7B from Canada, and $3B from Japan. Some funds from the EU and UK could be used directly for defense needs.