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economic sabotage or financial illiteracy?

economic sabotage or financial illiteracy?

(clockwise: prime minister oleksiy honcharuk, economy minister timofiy mylovanov, deputy heads of the national bank kateryna rozhkova, and dmytro sologub, the bank’s head yakiv smolii, deputy finance minister yuriy butsa, finance minister oksana markarova, finance ministry chief economist oleksandra betliy, a meet to discuss hryvnia fluctuation at the cabinet of ministers building in downtown kyiv, on dec. 16, 2019. photo by kmu.gov.ua)

ukrainians have known for years that foreign experts pick up on much less in conversation than native speakers. however, few expected that the time would come when the standard of competency turned out to be the ability to agree balance of payments (платёжный баланс) should not be confused with balance of trade (торговый баланс), the difference in meaning between разбрат (a falling out) and разврат (debauchery), оr how best to explain macroeconomic policy to a ukraine’s president, who does not know the differenc…