Saturday22 February 2025
good-news.com.ua

Trump is mistaken (or lying) about the U.S. funding for Ukraine, claims Dmitry Shulga.

The director of the "Europe and the World" program at the International Renaissance Foundation clarified what is wrong with Trump's statements.
Дмитрий Шульга утверждает, что Трамп ошибается (или врет) о финансировании Украины со стороны США.

Trump is mistaken (lying) by 7 times (not 10 times, as I initially wrote — I did not account for the loan for frozen Russian assets). Over the past 3 years, Ukraine has received not 350, but approximately 54 billion dollars from the United States.

Specifically, from 2022 to 2024, Ukraine received 31 billion (more precisely, 31.240 billion) dollars in budget assistance (to the state budget).

Additionally, the U.S. has already provided +19 billion in loans (to the World Bank) in 2024, but Ukraine has not yet received them (from the World Bank) — it is expected to receive them in 2025. Therefore, the total U.S. budget support for Ukraine is just over 50 billion.

(Since only 1 billion in 2024 was provided under the agreed G7 broader loan from the U.S. of 20 billion dollars to be repaid from the profits of frozen Russian assets. That is, the U.S. has already allocated 20 billion — provided them to the World Bank, but from these 20, Ukraine received the first 1 billion in December 2024. 31.24+19=50.24 billion).

Moreover, over 3.5 billion in humanitarian aid (that is, assistance to Ukrainians). Thus, in total, Ukraine has received from the U.S. 50.24+3.5 = somewhere less than almost 54 billion dollars over the entire three years of full-scale war.

The remaining benefits — several tens of billions more (according to the Kiel Institute, equivalent to 64 billion euros, that is, somewhere around 65+ billion dollars) — are military aid, that is, weapons, not cash. The funds are received by American Pentagon contractors — for manufacturing new weapons — either for providing to Ukraine or for supplying the American army to replenish stocks instead of the old weapons transferred to Ukraine from warehouses. That is, weapons were sent to Ukraine, but funds went to American manufacturing companies. It is unlikely that this can be considered as "money provided to Ukraine" in the sense that Trump implies.

There were also various other things that were accepted in the U.S. under the banner of "aid to Ukraine" — from expenses for strengthening the American military presence on NATO's eastern flank to humanitarian aid to Africa or subsidies for American farmers.

But in reality, out of all the packages, Ukraine received, as stated above, only 54 billion.

For comparison: U.S. arms exports to the global market have more than doubled — from 138 billion in 2021 to 318 billion in 2024. Specifically, by years: 138 billion (2021), 206 (2022), 238 (2023), 318 (2024). Thus, for the years 2022-24, the additional U.S. export compared to the 2021 level is (206-138)+(238-128)+(318-138)=348 billion. So, roughly speaking, we have the same "350 billion", only not losses, but profits for the U.S.!

Ukraine has done a tremendous job promoting American weapons (for example, 8 European countries purchased "HIMARS" after they performed well in Ukraine), as well as the need to replace and strengthen European arsenals (for instance, purchases of F-35s instead of the F-16s or MiG-29s donated to Ukraine).

Without the "advertising expenses" (54 billion for Ukrainians, who have withstood 3 years of war against a significantly larger and better-armed army with the help of American weapons) — the net profit for the U.S. amounted to almost 300 billion dollars. Okay, subtract another 65 billion as the cost of the weapons gifted to Ukrainians. Still, the net profit is approximately 230 billion dollars. There you go.