Ukraine scrambles for money to fight war as Russian strikes batter economy

Economic Times - Oct 5, 2026

Kryvyi Rih, the hometown of President Volodymyr Zelenskiy, is severely impacted by Russian airstrikes disrupting economic activities. The city's largest employer has halted operations, contributing to a dire financial situation. Ukraine faces a significant budget crisis requiring $56 billion for this year to address military and economic needs. Delayed foreign aid adds to the challenges in funding essential services and defense spending.

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