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Ukraine’s Finance Ministry prepares plan of actions in case U.S. cuts aid
Journal Staff Report

KYIV, Nov 16 – The Ministry of Finance and the National Bank of Ukraine (NBU) are more optimistic about the situation with the resumption of budget financing from the United States than it might seem, but they also have a scenario in case such financing is further suspended, Finance Minister Serhiy Marchenko said.

"We are ready for it (the scenario of cessation of U.S. funding), but I think that other stakeholders and Ukrainian society are not ready for it. Therefore, we believe that it is too early to talk about this scenario, because it may be unpleasant," the Minister of Finance said at the annual meeting of the European business association on Wednesday in Kyiv.




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