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France 24
France 24
Business

Ukraine facing 'economic strangulation' from war, former finance minister says

PEOPLE & PROFIT © FRANCE 24

Ukraine's former finance minister has told FRANCE 24 that any company doing business with Russia is indirectly financing the war in Ukraine. Natalie Jaresko was in office from 2014 to 2016, when Russia annexed Crimea and conflict was raging in the eastern Donbas region. She described the current situation facing Ukraine as an "economic strangulation of the country" and called on global firms to stop any operations in Russia.

Kyiv has so far secured more than $2 billion in emergency aid packages from the World Bank and International Monetary Fund and has raised hundreds of millions of dollars in "war bonds".

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