The United States and the EU are yet to allocate additional—and much needed—financing for Ukraine. State budget funding, payments in the public sector and, ultimately, the salaries of Ukrainian troops depend on this allied assistance. Otherwise, Kyiv’s only option is to print currency, leading to hryvnia devaluation and soaring inflation.
Ukraine economy heads for tough 2024 as Western aid concerns grow cyprus-mail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cyprus-mail.com Daily Mail and Mail on Sunday newspapers.
Ukraine’s government said Tuesday that more than 10 million tons of cargo had already been exported through a shipping corridor recently established by Ukraine to evade Russia’s effective blockade of its Black Sea ports. Half of these exports are agricultural products, Oleksandr Kubrakov, Ukraine’s infrastructure minister, said in a statement.