AIRLINK 193.50 Decreased By ▼ -1.51 (-0.77%)
BOP 9.64 Decreased By ▼ -0.13 (-1.33%)
CNERGY 7.53 Increased By ▲ 0.17 (2.31%)
FCCL 37.70 Decreased By ▼ -1.07 (-2.76%)
FFL 15.60 Increased By ▲ 0.01 (0.06%)
FLYNG 25.59 Increased By ▲ 0.18 (0.71%)
HUBC 127.07 Decreased By ▼ -1.55 (-1.21%)
HUMNL 13.50 Decreased By ▼ -0.31 (-2.24%)
KEL 4.58 Increased By ▲ 0.09 (2%)
KOSM 6.10 Decreased By ▼ -0.20 (-3.17%)
MLCF 43.96 Decreased By ▼ -0.83 (-1.85%)
OGDC 203.24 Decreased By ▼ -0.36 (-0.18%)
PACE 6.40 Decreased By ▼ -0.02 (-0.31%)
PAEL 40.98 Decreased By ▼ -0.15 (-0.36%)
PIAHCLA 17.49 Increased By ▲ 0.77 (4.61%)
PIBTL 7.66 Decreased By ▼ -0.02 (-0.26%)
POWER 9.08 Increased By ▲ 0.04 (0.44%)
PPL 174.25 Increased By ▲ 0.34 (0.2%)
PRL 38.07 Decreased By ▼ -1.01 (-2.58%)
PTC 24.07 Decreased By ▼ -0.97 (-3.87%)
SEARL 107.24 Decreased By ▼ -1.82 (-1.67%)
SILK 0.97 Decreased By ▼ -0.02 (-2.02%)
SSGC 36.40 Decreased By ▼ -1.74 (-4.56%)
SYM 19.04 Decreased By ▼ -0.45 (-2.31%)
TELE 8.24 Decreased By ▼ -0.12 (-1.44%)
TPLP 11.78 Decreased By ▼ -0.35 (-2.89%)
TRG 64.88 Increased By ▲ 0.09 (0.14%)
WAVESAPP 11.63 Increased By ▲ 1.06 (10.03%)
WTL 1.68 Decreased By ▼ -0.01 (-0.59%)
YOUW 3.85 Decreased By ▼ -0.02 (-0.52%)
BR100 11,765 Decreased By -123.2 (-1.04%)
BR30 34,986 Decreased By -233.6 (-0.66%)
KSE100 111,487 Decreased By -543 (-0.48%)
KSE30 34,934 Decreased By -201.5 (-0.57%)

KYIV: Ukrainian President Volodymyr Zelensky on Tuesday asked the international community to cover an expected budget deficit of $38 billion next year for his war-torn country, with Moscow’s invasion also badly hitting the economy.

Fatal Russian shelling meanwhile was pummelling the eastern Donbas city of Bakhmut, where AFP journalists saw smoke rising from fierce battles between Moscow’s forces and Ukraine’s army trying to keep them at bay.

And pro-Russian authorities in the southern Ukraine city of Melitopol, now controlled by Moscow’s forces, said a car bomb had exploded near the offices of a local media outlet injuring five people.

At an international reconstruction conference for Ukraine in Berlin, Zelensky urged European leaders to offer greater financial support for his country more than eight months after Vladimir Putin sent Russian troops into Ukraine.

“At this very conference we need to make a decision on assistance to cover next year’s budget deficit for Ukraine,” Zelensky said via video-link. “It’s a very significant amount of money, a $38 billion deficit,” he added.

German Chancellor Olaf Scholz meanwhile said that rebuilding Ukraine would be a “generational task” that must start immediately, even as Russia’s invasion rages on.

“What is at stake here is nothing less than creating a new Marshall Plan for the 21st century — a generational task that must begin now,” Scholz said.

Russian forces, after being pushed back from Kyiv early in the invasion and the northeastern Kharkiv region, have set their sight on wresting territory in Donbas, an eastern industrial zone.

In Bakhmut, a town Russians have been eyeing for weeks, an AFP journalist saw smoke rising despite heavy rain and a Ukrainian missile shooting down a Russian drone.

A 28-year-old soldier, who declined to give his name to AFP over security concerns, claimed Ukraine’s forces had made gains in the region overnight, but declined to give further details.

Comments

Comments are closed.