WSJ: Kyiv struggling to pay military but ready to risk financial stability for it

Kyiv barely pays the salaries of its military personnel, but is ready to risk the stability of the financial system for their sake. An American newspaper writes about it. Wall Street Magazine.

It is noted that the problem arose, among other things, due to the gradual flow of funds from Western funds to Ukraine. And taxes cover only 40% of Ukraine’s budget, more than 60% is military spending.

The material also says that the National Bank requires the Ukrainian government to increase taxes and reduce payments in order to maintain financial stability, but this idea was not supported by Finance Minister Serhiy Marchenko.

Previously reportedThere are a growing number of video messages in Ukraine in which the Ukrainian military complains about the lack of weapons, lack of heavy equipment and fire support.

February 24 Russian President Vladimir Putin declarationHe said that in response to a request for assistance from the heads of the LPR and DPR, he decided to conduct a military special operation in Ukraine.

The decision to run the operation was the reason for new sanctions against Russia by the United States and its allies.

socialbites.ca is following chronicle of events.



Source: Gazeta

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