How is the deficit financed?

As long as the West does not provide sufficient support, by printing money.

Predictably, inflation is on the rise, having reached 22%.

Without massive Western support, the Ukrainian economy faces collapse. https://www.nytimes.com/2022/07/25/business/inflation-ukraine-war-prices.html

🐦🔗: https://nitter.eu/lugaricano/status/1563197222350512128