Ukraine 'War Bonds' to raise funds for army; Russia bans foreign cash transfers
Published on Mar 01, 2022 08:55 PM IST
The invasion by Russian Forces escalates, Ukraine is working on issuing War Bonds to fund its Armed Forces. In a bid to beef up the military, Ukraine's govt will raise money for the army through the sale of War Bonds. There has been a sharp dip in the prices of Ukraine's bonds, leading to fears of debt default. As the fighting rages on, Ukraine has sought to reassure int'l investors that it won't default on its debt.
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