Ukraine’s ‘zombie’ economy depends on Western money – ex-prime minister ...News

Kiev lacks funds to pay its military due to the “catastrophic” state of its finances, Nikolay Azarov has claimed The Ukrainian economy has turned into a “zombie” that only shows signs of life with Western financing, former Prime Minister Nikolay Azarov claimed on Monday. Writing on Telegram, the former politician argued that the national economy is “falling apart,” and that Ukraine is faced with minimal GDP growth and a looming devaluation of the hryvna “under pressure from the International Monetary Fund.” Meanwhile, public debt is surging and the budget deficit is widening despite Western aid, according to Azaro

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