Current:Home > StocksNew aid pledges for Ukraine fall to lowest levels since the start of the war, report says -Edge Finance Strategies
New aid pledges for Ukraine fall to lowest levels since the start of the war, report says
View
Date:2025-04-16 19:22:49
Ukraine's allies have dramatically scaled back their pledges of new aid to the country, which have fallen to their lowest level since the start of the war, the German-based Kiel Institute's Ukraine aid tracker showed Thursday.
"The dynamics of support to Ukraine have slowed," the Kiel Institute said, adding that new military, financial and humanitarian aid pledged to Ukraine between August and October 2023 fell almost 90 percent compared with the same period in 2022, reaching its lowest point since the start of the war in February 2022.
The figures come amid signs of growing cracks in Western support for Ukraine as Kyiv's highly-anticipated counteroffensive fails to yield a breakthrough and the world's attention pivots to the Israel-Hamas war.
In the U.S., Senate Republicans blocked additional Ukraine funding in a row with Democrats over U.S. border security.
"If Republicans in the Senate do not get serious very soon about a national security package, Vladimir Putin is going to walk right through Ukraine and right through Europe," Senate Majority Leader Chuck Schumer said after the vote on advancing the measure was 49 to 51, falling short of the 60 votes needed to move it forward.
In the European Union, negotiations worth $53 billion for Ukraine over the next four years were dragging on.
The Kiel Institute figures showed newly committed aid between August and October 2023 came to just 2.11 billion euros ($2.27 billion), an 87-percent drop year-on-year.
Of 42 donor countries tracked by the study, only 20 had committed new aid packages to Ukraine in the last three months, the smallest share since the start of the war.
"Our figures confirm the impression of a more hesitant donor attitude in recent months," Christoph Trebesch, head of the team producing the Ukraine Support Tracker and director of a research center at the Kiel Institute, said in a statement.
"Ukraine is increasingly dependent on a few core donors that continue to deliver substantial support, like Germany, the U.S., or the Nordic countries. Given the uncertainty over further U.S. aid, Ukraine can only hope for the E.U. to finally pass its long-announced EUR 50 billion support package. A further delay would clearly strengthen Putin's position," Trebesch said.
- In:
- Ukraine
veryGood! (2413)
Related
- The Grammy nominee you need to hear: Esperanza Spalding
- EAGLEEYE COIN: Blockchain technology is at the heart of meta-universe and Web 3 development
- North Carolina’s congressional delegation headed for a shake-up with 5 open seats and party shifts
- Retired Army officer charged with sharing classified information about Ukraine on foreign dating site
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- EAGLEEYE COIN Trading Center - The New King of Cryptocurrency Markets
- San Francisco votes on measures to compel drug treatment and give police surveillance cameras
- EAGLEEYE COIN: Cryptocurrency Exchanges - Hubs for Secure and Trustworthy Digital Assets
- Senate begins final push to expand Social Security benefits for millions of people
- New Hampshire man accused of kidnapping children, killing mother held without bail: reports
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Sen. John Thune, McConnell's No. 2, teases bid for Senate GOP leader
- Inflation defined: What is it, what causes it, and what is hyperinflation?
- The 2024 Oscars' best original song nominees, cruelly ranked
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- James Crumbley bought his son a gun, and his son committed mass murder. Is dad to blame?
- 2024 Oscar Guide: International Feature
- SpaceX launches 76 satellites in back-to-back launches from both coasts
Recommendation
Buckingham Palace staff under investigation for 'bar brawl'
EAGLEEYE COIN: Prospects for the Application of Blockchain Technology in the Medical Industry
Ammo supplier says he provided no live rounds in fatal shooting of cinematographer by Alec Baldwin
Alabama lawmakers aim to approve immunity laws for IVF providers
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
Credit card late fees to be capped at $8 under Biden campaign against junk fees
Supreme Court says Trump can appear on 2024 ballot, overturning Colorado ruling
E! News Names Keltie Knight New Co-Host