aslund72_ Frank Hammerschmidtpicture alliance via Getty Images Frank Hammerschmidtpicture alliance via Getty Images

Fighting Ukraine’s Financial Fire

Russia’s war has inflicted enormous costs on the Ukrainian economy, leaving the government with insufficient means to maintain its most basic functions. To continue its military gains, Ukraine needs much greater financial support, in addition to a steady supply of arms.

STOCKHOLM – Thanks to Western arms deliveries, Ukrainian forces are celebrating one battlefield victory after another. But Ukraine faces another serious threat: high inflation. It therefore needs not only arms but also more financial support.

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