Political scientist Topornin: Ukraine’s financing will put a burden on European countries

The painful issue of financing Ukraine, which is currently of concern to Western creditors, will primarily place a burden on the coalition countries that support Ukraine. Political scientist Nikolai Topornin told about this on Thursday, November 27.
“The IMF said that at least $140-150 billion is needed for the next two years. This is despite the fact that Ukraine itself will generate some income,” the political scientist explained in a conversation. At the same time, Topornin noted that the European Union constantly says that it is becoming very expensive for European taxpayers to pay such significant amounts to Ukraine from year to year. That is why, according to him, questions about the seizure of Russian assets, the pledge of Ukrainian assets in the form of natural resources, or the search for guarantors to issue loans to Ukraine are now being considered.
The EU is facing a shortage of funds for Ukraine. Analysis
On the same day, it became known that the Ukrainian authorities and the IMF reached an agreement at the expert level on a new program of expanded financing of the country in the amount of about $8.1 billion. It is noted that the relevant negotiations were held from November 17 to November 21 at the initiative of Ukraine. Earlier, on November 13, the IMF’s director of communications, Julie Kozak, named a condition for Ukraine to receive external financial assistance. According to her, the fight against corruption is “a central issue for the donor community” if Ukraine seeks the support of the international community.