there is the expectation that there could be some sort of action in the coming days. there s been a buildup over the past few days. there s been a lot of rhetoric there s been the threat of retaliation. it s just a matter of when it s going to happen. it could be when tsai ing-wen returns to taiwan. right now, xi has high profile visitors here in beijing with france s president, a very important state visit for both sides with the economy and trade ties topping the agenda but also with macron wanting to try to exert some sort of pressure to win xi in order to use some pressure on vladimir putin over the war in ukraine. at a time when the u.s. and beijing have almost no communications, no relationship. courtney, i don t know if the military to military communications are going on.
the entire economy. but this year, that debt could hit $114 billion. so for ukraine, there s a clear, ongoing need for outside support. in the run up to the anniversary of the war, presidentjoe biden was amongst the high profile visitors, and the united states has been kyiv s biggest single financial backer. but also there was the head of the international monetary fund, kristalina georgieva. so just how difficult is it to keep a wartime economy running? well, i ve been catching up with ukraine s finance minister. sergeii marchenko, my friend, a real pleasure having you on my show again. and sorry it s under these circumstances. but, let s start with this, it s been a year since the war began and the cost in human lives and suffering has been unimaginable during this time. but what about the impact on the economy as a whole paints a picture? just how bad has it been? unfortunately, the damage done by russian aggression for ukraine is tremendous. last year we lost particularly more than
of the war. presidentjoe biden was amongst the high profile visitors, and the united states has been kyiv s biggest single financial backer. but also there was the head of the international monetary fund, kristalina georgieva. so just how difficult is it to keep a wartime economy running? well, i ve been catching up with ukraine s finance minister. sergeii marchenko, my friend, a real pleasure having you on my show again. and sorry it s under these circumstances. but, let s start with this, it s been a year since the war began and the cost in human lives and suffering has been unimaginable during this time. but so what about the impact on the economy as a whole paints a picture? just how bad has it been? unfortunately, the damage done by russian aggression
the government says there ll be at least 20% less land to farm this year than before the war. that s because of the fighting. it s one reason global food prices remain at historically high levels. for ukraine, less food out means less cash in, so its allies have been helping out. as you can see here, the us and eu were the biggest contributors last year. but as the war continues, so does the need for cash. the government thinks it needs more than $3 billion a month this yearjust to keep going. it means ukraine s debts continue to balloon. they were $95 billion before the war, which was less than half the size of the entire economy. but this year, that debt could hit $114 billion. so for ukraine, there s a clear, ongoing need for outside support. in the run up to the anniversary of the war, presidentjoe biden was amongst the high profile visitors, and the united states has been kyiv s biggest single financial backer. but also there was the head of the international monetary fund,
there is another important element to this, that is that it shows high profile visitors are not afraid to come to kyiv. the united nations secretary general visited last week and while he was here a russian cruise missile landed not two miles away from where he was. to people visiting kyiv. this is the response from the united states, showing they are not afraid to come. what is happening globally is that there is a lot of support from the united states, lots of money, and from europe. other parts of the world, big players, china, india is in a different position, turkey, many other countries, there is not the same level of support for ukraine. what is the sense there of that? are people aware of the different political levels of support around the world? i don t know whether the population is. i know politicians here