Ukraine needs $US524 billion to recover, rebuild after three years of war, World Bank says
Washington DC, US Reuters The estimated cost to rebuild Ukraine’s economy after Russia’s invasion has risen to $US524 billion, nearly three times its expected 2024 economic output, the World Bank, United Nations, European Commission and the Ukrainian Government found. A new study by the institutions included data from Russia’s invasion three years ago through 31st […]
World Bank says Ukraine has ten-fold increase in poverty due to war
Washington DC, US Reuters Russia’s attacks on civilian infrastructure in Ukrainian cities away from the front lines will complicate the dire economic situation facing the country, which has already seen a tenfold increase in poverty this year, a top World Bank official said on Saturday. Arup Banerji, World Bank regional country director for Eastern Europe, […]