What Russia's War Is Costing the World
Briefly

A year ago, Ukraine's economy was on a strong footing, with a debt-to-GDP of less than 50% and a budget deficit of 3.5%.Then came Feb. 24, and with it a full-scale war.We were in a new reality, with very different financial needs.Funds that should have been directed toward environmental, social, and corporate-governance goals, sustainable development, and strengthening the country's competitiveness were re-directed to defense, humanitarian purposes, and support for people affected by the war.
Read at time.com
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