If President Donald Trump, after Jan. 20, 2025, should cut off U.S. funding flows to Ukraine, it might not only push Ukraine to the peace table, but it could also push Ukraine into financial bankruptcy.
In a Nov. 12 article, “Plan B: Ukraine Makes Ominous Announcement of Aid,” Russia’s RIA Novosti reports that “Verkhovna Rada Budget Committee member Pavlo Frotov previously stated that Ukraine has the largest budget deficit in the world, with its expenditures twice as large as its revenues amid the fighting. In March, the head of the Verkhovna Rada Budget Committee Roksolana Pidlasa reported that Ukraine had allocated almost half of its $87 billion annual budget to defense spending, but its domestic revenues were only $46 billion.” That leaves a gaping hole of a budget deficit of $41 billion.
