- UNDP’s Steiner: Extreme end of Ukraine scenario is “an implosion of the economy as a whole“
Market news
16 March 2022
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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