Skip to content
Edit post

PM: Ukraine would face difficulties paying pensions, salaries without financial support from Western partners

by The Kyiv Independent news desk October 23, 2022 8:58 PM 1 min read
This audio is created with AI assistance

According to Prime Minister Denys Shmyhal, defense accounts for around 60% of Ukraine's state expenditures, making Western financial aid critical in supporting other needs. “Ukraine’s financial stability is as important as military security or the supply of ammunition,” Shmyhal told German newspaper Frankfurter Allgemeine Zeitung. Currently, 3 billion of the 9 billion euros allocated to Ukraine by the EU are blocked, as Germany wants to allocate funds in the form of grants, not loans.

News Feed

7:15 PM

Ukraine's artillery braces for shell shortage as US halts aid.

The Kyiv Independent's Francis Farrell and Olena Zashko spent a day with an artillery crew from the 28th Mechanized Brigade in the front-line city of Kostiantynivka. Following the recent decision by the Pentagon to halt shipments of certain weapons to Ukraine, a looming shell shortage is once again on the horizon for Ukrainian forces.
9:17 AM  (Updated: )

'There is also good news' — Ukrainian drones hit key military optics plant in Russia, General Staff confirms.

Andrii Kovalenko, head of Ukraine's counter-disinformation center, said a drone hit the Azov Optical and Mechanical Plant in the town of Azov, Rostov Oblast. The facility reportedly manufactures critical components for the Russian military, including sights, rangefinders, thermal imaging systems, and fire control equipment for tanks, infantry fighting vehicles, ships, and aircraft.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.