“Basically all of our economic activity has stopped,” said a member of the Ukraine parliament. “The only way our economy survives currently is the help from the West.”
Up-to-the-minute data on Ukraine’s economy is impossible to collect during the war, but Ukrainians have reported shortages of food, medicine, gas and other necessities. Russia’s war effort has choked off Ukraine’s primary source of imports, caused mass displacement within the country, and destroyed vital parts of its infrastructure.
Ukraine’s battered Mariupol, reeling from hospital strike, says Russia’s assault continues as bodies pile up The challenges facing the Ukrainian war economy are immense. Almost all of Ukraine’s imports by sea, the No. 1 source of imports overall, come through the port of Odessa — a channel that is now closed because of the war. Russian forces have destroyed many of the nation’s roads, buildings, hospitals, factories, bridges and train routes.Ukraine’s government must find a way to provide food, shelter and medicine to large numbers of people who have fled from the country’s east to its west for safety.
For the State Department, the legislation includes roughly $1.4 billion for humanitarian assistance for refugees; $1.1 billion for a fund for European and Asian allies to coordinate macroeconomic support for Ukraine; $647 million for an economic support fund that can help support a Ukrainian government in exile, if necessary; and, among other buckets of money, $125 million to support Ukraine visa applications and other immigration issues.
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