Ukraine hoping to raise $100m through privatisation auctions to fund military, bolster economy
According to Ukraine, Russia has stepped up targeting of its energy facilities amid overnight missile strikes. Kyiv has been seeking more aid from its Western allies amid sustained missile and drone attacks in recent weeks. Meanwhile, the Ukrainian government is also planning to auction off around 20 state-owned companies as part of an aggressive push for privatisation. The move is meant to help fund the military and bolster an economy battered by the ongoing war. Ukraine is hoping to raise at least $100 million from such auctions this year. Megumi Lim reports from Kyiv.
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