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EXPLAINER: Can Ukraine pay for war without wrecking economy?
FRANKFURT, Germany — Even as Ukraine celebrates modern battlefield victories, its federal government faces a looming obstacle on the financial front: how to shell out the tremendous value of the war effort and hard work without having triggering out-of-manage rate spikes for regular persons or piling up financial debt that could hamper postwar reconstruction. The wrestle is obtaining financial loans or donations to go over a huge funds deficit for subsequent year — and do it without the need of making use of central financial institution bailouts that danger wrecking Ukraine’s currency, the hryvnia. Economists performing with the authorities say that if Ukraine can shore up its funds by way…