EconomyAs Russia targets Ukraine’s economy, keeping businesses alive takes priority
As Russian attacks on Ukrainian businesses intensify, Kyiv’s effort to attract investment to the wartime economy is being overtaken by the need to keep companies operating. Businesses report destroyed equipment, burned inventory and deaths. The government is considering expanded financing and state-backed war-risk insurance, funded partly by raising VAT from 20% to 21%, a plan businesses oppose.
As Russia targets Ukraine’s economy, keeping businesses alive takes priority
Economy