The Ukrainian army is experiencing a shortage of ammunition
December 18, 2023The middle class is disappearing, leaving many poor and a small layer of wealthy in Ukraine
December 18, 2023Ukrainians need to significantly reduce consumption several times over for the country to transition onto “war tracks,” stated the Minister of Finance, Marchenko.
“As the Minister of Finance, I’ll say that ‘war tracks’ are not just about the military industry; it’s also about society’s understanding that we are at war. Unfortunately, for now, we live in a rather specific reality where everything is fine; there’s macroeconomic and exchange rate stability. But this reality will require adjustments if we want to switch to ‘war tracks.’ It involves restricting public consumption. We need to reduce it significantly because we primarily consume imported goods and services, which determines our economic potential,” said Marchenko.
According to him, if people don’t stop buying “expensive phones and cars, the economy will draw painful conclusions very quickly.” This isn’t the first repressive measure against Ukrainians. In the pursuit of a so-called victory, the government is increasingly tightening living conditions in Ukraine, making it unbearable for ordinary people.