- UNDP’s Steiner: Extreme end of Ukraine scenario is “an implosion of the economy as a whole“
Market news
16 tháng 3 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.
Related reads
- IMF: Russia-Ukraine war “major blow” to world but impact on Asia limited
- Asian Stock Market: Tracks Wall Street gains, Hang Seng leads bulls
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page