The $61bn US aid package for Ukraine approved this week will provide a much needed boost to Ukraine’s efforts on the battlefield, but the delays that the funding has faced over recent months casts a shadow over the country’s hope for eventual military success and its medium-term macro-financial stability. Meanwhile, Ukraine’s new mobilisation law (which will require men living overseas to register for the military) could exacerbate labour shortages in Poland and add to inflation there.
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