Commentary: Ukraine should not abandon its domestic debt market as it battles Russia
by Kyrylo Shevchenko, Chicago Tribune
Feb 03, 2023
3 minutes
The financial support provided by international partners helped Ukraine withstand the beginning of Russia’s full-scale invasion and became a significant source of funds throughout 2022. This year, our country will also need continuous financial support. However, it will be difficult for the government to reduce budget expenditures because direct injections of the National Bank of Ukraine (NBU) into the budget must be stopped to meet International Monetary Fund requirements and, at the same time, NBU’ independence.
On Feb. 24, 2022, Ukraine was left with no choice. With delays
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