Ukraine needs more external aid to prevent crisis: Official

Ukraine’s foreign partners need to increase their financial support for Kyiv to help it maintain financial stability during the war with Russia, an adviser to President Volodymyr Zelenskyy has said.

Tymofiy Mylovanov said the current size of loans and other assistance provided was not enough to finance Ukraine’s needs, which had increased significantly because of the conflict while revenues had fallen.

“If we don’t cut expenditures, don’t increase inflows, in particular from international partners, if we don’t stabilise the situation, then … we may have a month or two to spare, and then we will have a crisis,” Mylovanov told national television.