so less than last year. the latest numbers show that inflation is running at 26% in ukraine. you ve had to put interest rates up to 25%. what are you doing to support ukrainian people so they can afford the basics such as food and energy? it s a good question because what we realise that up to 5 to 8 million ukrainians now abroad. so they are migrants. they left ukraine and now a lot of internally displaced people around ukraine. and for this year, it s also up to i billion expenditures to support internally displaced people, to help them to find necessary apartments, shelters, to pay forfood, something like that. your country, sergeii,
to bring our economy back to 2021. what we really need is a very cohesive policy within the government, very wise steps towards necessary policy tools and steps to help our economy to be in the position before the war. well, on that point, sergeii marchenko, ukraine s finance minister, a real pleasure, as always, having you on the show. thanks for your time. stay safe. good luck and i ll talk to you soon. thank you very much. so, over recent years, ukraine has been trying to modernise its economy, making it a better place for major international companies to do business as it tries to join the european union. but all of that, of course, has been fiercely disrupted by the war. so just how are private companies managing to keep the wheels of the economy rolling? the likes of bmw, coca cola, nestle and visa, they re some of the more than 600 members of the american chamber of commerce in ukraine. so i ve been speaking to its big boss.
negotiated with russia. that s not the kind of negotiation because we received a lot of damages in our economy and russia should pay for that through a real repatriation from their side. of course, what could be negotiated is sanctions, and it s a question of sanctions in new russia, and it could be negotiated. but i don t think this is a key question right now for us. it s important to ceasefire in ukraine and to completely clean ukraine from russian soldiers and russian troops. well, on that point, sergeii marchenko, the finance minister of ukraine, i really appreciate your time. good luck with everything, sergeii. take care. stay safe and i ll talk to you soon. the war in ukraine has, of course, cost thousands of lives, but it has also already caused tens of billions of dollars of damage.
does eventually stop? last month he told the world bank huge amounts of foreign aid would be needed. translation: as of now, i given the economic downturn and broken economic ties, we need up to us$7 billion in financial support each month to make up for economic losses. and we will need hundreds of billions of dollars to rebuild all of this later and recover from this war. so let s pick up on that idea that ukraine needs billions of dollars of financial support each monthjust to keep going. how has the economy adapted to the unprecedented challenges of war? shops and factories have had to close. and that all important farming industry which helps feed the rest of the world has been severely disrupted. so i ve been speaking to the man now in charge of a wartime economy, ukraine s finance minister. minister sergeii marchenko, thank you so much for your time. i am sorry it s under these circumstances. but sergeii, can we start
from this war. so let s pick up on that idea that ukraine needs billions of dollars of financial support each month just to keep going. how has the economy adapted to the unprecedented challenges of war? shops and factories have had to close. and that all important farming industry which helps feed the rest of the world has been severely disrupted. so i ve been speaking to the man now in charge of a wartime economy, ukraine s finance minister. minister sergeii marchenko, thank you so much for your time. i am sorry it s under these circumstances. but sergeii, can we start with this, and you help our global viewers understand the economic picture, the economic situation that people are dealing with in ukraine right now? our economy is working under very different conditions, i mean in comparison with prewar time. now our revenues can cover slightly half of our expenditure except from military and sovereign debt.