President Zelensky: “Ukraine is losing billions a month, we need financial support”

President Zelensky: “Ukraine is losing billions a month, we need sufficient financial support”. Image: Government of Ukraine

UKRAINE’s president said the country was losing $5 billion (4.7 billion euros) a month and needed financial support from nations around the world, not just for Ukraine, but for “their own safety”.

DURING his overnight address, Ukrainian President Volodymyr Zelensky thanked the United States for approving a new $40 billion (€37.8 billion) support package for Ukraine and democracy in our region”, but claimed that the country needed “faster and sufficient financial support”.

“Today, this package was passed by the U.S. Senate. It is a show of strong leadership and a necessary contribution to our common defense of freedom,” he said on friday may 20.

“A meeting of finance ministers, heads of G7 central banks and representatives of international donors also took place in Germany.

“I always say frankly: the monthly budget deficit in Ukraine is now 5 billion dollars (4.7 billion euros). And to support the war for freedom, we need quick and sufficient financial support.

“And it’s not just about spending or a donation from partners. It is their contribution to their own security,” he said.

He added: “Because the defense of Ukraine also means its defense against new wars and crises that Russia may cause. If he succeeds in the war against Ukraine.

“That is why we must all work together to ensure that Russia does not succeed in its aggression against our state. Neither military, nor economic, nor any other.

Earlier Friday, May 20, Ukraine’s military said it was still concerned about a potential threat from Russian ally Belarus.

The General Staff of the Armed Forces of Ukraine, Alexander Štupun, said on Friday May 20 that, although there have been “no significant changes in the position of the units of the Armed Forces of the Republic of Belarus, the threat of missile strikes from the territory of the Republic of Belarus remains.

Speaking of further help for Ukraine – Zelensky, 44 – who recently launched a new global crowdfunding platform to raise funds “to help kyiv win the war with Russia” and “rebuild the country’s infrastructure” – said he had spoken to other world leaders about his country’s economic concerns.

“I spoke today with the President of the European Commission, Ursula von der Leyen. I personally thanked her for the macro-financial assistance in the amount of 9 billion euros, this package was proposed the day before.

I also spoke with British Prime Minister Boris Johnson. On economic issues, including the export of our agricultural products and fuel imports. And also about the situation in the areas of hostilities and the evacuation of our heroes from Azovstal.

“I do my best to keep the most influential international forces informed and, as much as possible, involved in the rescue of our military,” he said.

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