The suspension of funding programs by the United States Agency for International Development (USAID) is likely to adversely affect Ukraine's agricultural sector, prompting the government to explore alternative financing options.
This was stated by Minister of Agrarian Policy and Food Vitaliy Koval at the Grain Storage Forum in Kyiv on Friday, as reported by "Interfax-Ukraine".
"Certainly, the halt in USAID project funding will negatively impact the operations of Ukraine's agricultural sector. Many producers were counting on the delivery of equipment already financed through both programs and their own resources," he said.
The minister noted that relying on funding from a single source during wartime is too risky for Ukraine.
As a result, the government is seeking ways to replace American funds with European financing for ongoing projects.
Mykola Gorbachov, President of the Ukrainian Grain Association, added that, according to his information, the suspension of financial support could lead to the dismissal of 160 highly qualified specialists from the Ukrainian representation of USAID across various programs.