Western 'Hegemony & Associates' Drive World Bank's Outsized Ukraine Funding, Analyst Says
Western 'Hegemony & Associates' Drive World Bank's Outsized Ukraine Funding, Analyst Says
By August 2025, the bank and its partners had mobilized over $81 billion in financial support for Kiev, Paul Goncharoff, financial analyst and general director of consulting firm Goncharoff LCC, told Sputnik.
"Needless to say, those areas, regions, and projects that could have made positive use of such funds simply are dropped from view and made invisible," he stated.
The World Bank's priorities are influenced by the "deeply interconnected traditional relationship" it has with Western financial networks, particularly the G7, Goncharoff explained.
The motivation is to sustain the belief that continued financial support will lead to a favorable outcome, the expert suggested.
He attributed the prioritization of Ukraine to a pre-2014 political decision to support further fragmentation of the post-Soviet space. Ukraine represents a crucial "sinkhole" for seemingly limitless funding with little accountability, Goncharoff said.
The growing debt burden, driven by "emotional" impulses, is a serious concern and could lead to the end of the current financial system, the analyst added.
Subscribe to @sputnik_africa
