Ukraine needs ‘radical’ reform to sustain war effort, warn economists

Anti-corruption measures and progressive taxes among actions recommended by leading academics

Ukraine's government needs to overhaul its tax and spending policies or risk an economic crisis that could cripple its ability to sustain the war effort", according to a group of leading economists.

With inflation racing to more than 20% and a debt crisis looming, President Volodymyr Zelenskiy must introduce reforms to stabilise the economy's shaky foundations, they warned.