Ukraine war depletes Europe’s foreign aid budgets

American businessman Gates talked about the damage done to Europe by the conflicts in the north of the Black Sea.

Bill Gates: Ukraine war is draining Europe's foreign aid budgets

Bill Gates, the founder of Microsoft, evaluated the Russia-Ukraine War and the picture in Europe.

Gates said Russia’s war in Ukraine is straining Europe’s commitment to international aid and climate action.

He commented on the course of the world

The billionaire businessman warned that in such a case, the world would miss almost all of the United Nations (UN) Sustainable Development Goals committed to be achieved by 2030.

Pointing to the fight against diseases such as AIDS, malaria and tuberculosis, Gates said, “Our goal is to emphasize that these budgets should not be cut if possible.” he said.

He expressed his hopes for Britain’s new government

Speaking to the Financial Times, Gates “This is the toughest set of challenges facing global development.” Then he said he hopes the new government of British Prime Minister Liz Truss will not make any further cuts to the overseas aid budget.

Gates: Ukraine war strains budgets

According to the newspaper’s report, European Union (EU) countries contribute about half of all official development assistance.

Gates stated that the Ukraine war made the distribution of aid worse. “Budgets are strained by defense and refugee costs, electricity subsidies and transportation costs.” said.

Bill Gates: Ukraine war is draining Europe's foreign aid budgets #1

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