{"id":25695,"date":"2023-10-19T12:55:11","date_gmt":"2023-10-19T09:55:11","guid":{"rendered":"https:\/\/ces.org.ua\/?p=25695"},"modified":"2023-10-27T13:01:10","modified_gmt":"2023-10-27T10:01:10","slug":"risks-if-financial-support-from-partners-decrease","status":"publish","type":"post","link":"https:\/\/ces.org.ua\/en\/risks-if-financial-support-from-partners-decrease\/","title":{"rendered":"Financial support from partners may decrease, and this poses a significant risk to Ukraine"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Financial support from partners may decrease, and this poses a significant risk to Ukraine, as stated by Maria Repko, Deputy Director of the Centre for Economic Strategy in <\/span><a href=\"https:\/\/www.nytimes.com\/2023\/10\/19\/business\/ukraine-economy-war.html?unlocked_article_code=-2ehouOeOm22-lmnb8XnhH-DxUwcihVQ1x83bjQcWArfqJaasALi8Ujniz6c4ttp7JsoEl1ScvwdSG3JllCVh_iuyqhX7Q9H-pZqBW8rjU2v9ar-HrRBnK-mbeuWjyLt2oYGq_AoqFP7Ogtz9yngp8UjoU5gyDatPxbajE8PQb0NVnsnLxSM5fNpqs_T-dWZw2mXqadafuhOOwsP5BU3bvo1HOReXeY-w6sZmb_KMeunnvkca3GiNPJKrgURvHRbG_2SQTXVb6w8Ekb1D-nB7vWcWBiveBzJ0vdziXFAaWnTxcrDt0I2jREXCxMSIeV6n1AdGniZ5kuTPa47vLJg&amp;smid=url-share\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">The New York Times<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">In 2024, Ukraine&#8217;s budget deficit could reach 21% of GDP. To cover it, it is necessary to attract $42 billion in financing from international partners.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">&#8220;That sum may prove difficult to secure as support for Ukraine wanes in the United States, by far Kyiv\u2019s biggest financial backer, and as the war between Israel and Gaza diverts the world\u2019s attention. The situation looks really worrisome,\u201d commented Maria.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">At the same time, the Ukrainian economy is adapting to the war. The opening of new trade routes bypassing the Russian blockade is helping to restore agricultural exports, which comprised the main part of Ukraine&#8217;s pre-war income.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">According to the World Bank, Ukrainian exports are expected to grow by 15% next year.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The resilience of the Ukrainian economy is also evidenced by record electricity exports in September.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">&#8220;We haven&#8217;t had any shortages of electricity since mid-February. That was the first positive factor that pushed output up,&#8221; commented Olena Bilan, a CES supervisory board member and director of the analytical department at Dragon Capital.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Source: <\/span><a href=\"https:\/\/www.nytimes.com\/2023\/10\/19\/business\/ukraine-economy-war.html?unlocked_article_code=-2ehouOeOm22-lmnb8XnhH-DxUwcihVQ1x83bjQcWArfqJaasALi8Ujniz6c4ttp7JsoEl1ScvwdSG3JllCVh_iuyqhX7Q9H-pZqBW8rjU2v9ar-HrRBnK-mbeuWjyLt2oYGq_AoqFP7Ogtz9yngp8UjoU5gyDatPxbajE8PQb0NVnsnLxSM5fNpqs_T-dWZw2mXqadafuhOOwsP5BU3bvo1HOReXeY-w6sZmb_KMeunnvkca3GiNPJKrgURvHRbG_2SQTXVb6w8Ekb1D-nB7vWcWBiveBzJ0vdziXFAaWnTxcrDt0I2jREXCxMSIeV6n1AdGniZ5kuTPa47vLJg&amp;smid=url-share\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">The New York Times<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial support from partners may decrease, and this poses a significant risk to Ukraine, as stated by Maria Repko, Deputy Director of the Centre for Economic Strategy in The New York Times. In 2024, Ukraine&#8217;s budget deficit could reach 21% of GDP. To cover it, it is necessary to attract $42 billion in financing from [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":25684,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[187],"tags":[],"experts":[172],"news_type":[138,139],"class_list":["post-25695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-experts-in-the-media-en","experts-maria-repko","news_type-press-release","news_type-we-are-in-media"],"acf":[],"_links":{"self":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/posts\/25695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/comments?post=25695"}],"version-history":[{"count":0,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/posts\/25695\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/media\/25684"}],"wp:attachment":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/media?parent=25695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/categories?post=25695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/tags?post=25695"},{"taxonomy":"experts","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/experts?post=25695"},{"taxonomy":"news_type","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/news_type?post=25695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}