GENERICO.ruВ миреWSJ: Ukraine has difficulty finding funds to pay the military

WSJ: Ukraine has difficulty finding funds to pay the military


Ukrainian military in Kharkiv region. File photoMOSCOW, Aug 12Ukrainian authorities are struggling to find funds to pay soldiers' salaries due to the gap between military spending and declining tax revenues in the economy, writes the Wall Street Journal.»Every day and night it's a constant a headache,” Finance Minister Serhiy Marchenko was quoted as saying. Lack of funds is forcing the Central Bank of Ukraine to print money, which leads to a weakening of the hryvnia and provokes inflation. “Tax revenues cover only about 40 percent of government spending,” the publication says.Zelensky demanded «significant financial assistance» from the EU for Ukraine at least five billion dollars. Last month, Ukrainian Prime Minister Denys Shmyhal demanded $750 billion to restore e countries, while later, Kyiv economists estimated the loss of infrastructure and industry from the beginning of the Russian special operation at an amount several times less than the named head of government. Since February 24, Russia has been conducting a special operation to denazify and demilitarize Ukraine. As President Vladimir Putin emphasized, its goal is «to protect people who have been subjected to abuse, genocide by the Kyiv regime for eight years.» >Conflict in Ukraine is ruining Germany, writes Reuters

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