UNDP’s Steiner: Extreme end of Ukraine scenario is “an implosion of the economy as a whole

“Extreme end of Ukraine scenario is "an implosion of the economy as a whole,” a United Nations Development Programme (UNDP) Administrator Achim Steiner warned in a Reuters interview on Wednesday.

Key comments

90% of Ukraine’s population could face poverty in a protracted war lasting a year.

Working with Kyiv government to provide cash transfers to families.

World bank funding, IMF credit lines should help Ukraine govt to finance UNDP operations to support families, services.

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