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Ukraine implements strict austerity measures due to budget deficit
5 sourcesPublished · Updated
Ukrainian Prime Minister Shmyhal announced the country's shift to strict austerity measures in response to a budget deficit. The government plans to maintain pensions and salaries while allocating 70 billion UAH for military needs.
Key facts
- strict austerity measures
- budget deficit
- 70 billion UAH for the military
- Prime Minister Shmyhal
- will not reduce pensions and salaries
Ukraine · Prime Minister Shmyhal · military
Sources5
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