- Ukrainian Finance Minister Serhiy Marchenko warned on Tuesday (25 October) of macroeconomic problems of monetary financing as the Ukrainian government has resorted to printing money to finance its defence and other state expenditure.
- The comment was a nod to the relatively low amounts of macrofinancial aid that the EU, the US, and other international backers of Ukraine have provided to the country since it was invaded by Russia.
- The portion of the public budget funded directly by the central bank has decreased since its high point in June, however, some import tariffs have been reinstated and some international budget support has become a little more predictable.
Ukraine’s finance minister warns of inflation if $37.9bn fiscal needs not funded
