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Budget Options

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economics2 years ago

Ukraine's Budget Crisis Deepens Amidst Political Paralysis and Waning International Aid

Policymakers in Kyiv are grappling with limited budget options to fund Ukraine's war effort as promised aid from Western allies remains uncertain. Raising tax revenue or cutting public spending are risky choices in an already struggling economy. Other options include devaluing the currency or seeking assistance from the central bank, but these measures could have negative consequences.