90% of Ukrainians may become poor as a result of war – UN

0
58
Refugees from Ukraine walk a road after crossing the Moldova-Ukrainian border’s checkpoint near the town of Palanca on March 1, 2022. Nikolay DOYCHINOV / AFP

 

The United Nations Development Programme has revealed that about 90 per cent of the Ukrainian population may plunge into poverty if the war with Russia continues.

In the event of a protracted conflict, 18 years of socio-economic achievements could be lost, the agency warned as it released an early projection on the war’s development impact on Wednesday.

“Every day of delayed peace will accelerate a free fall into poverty for Ukraine,’’ the UNDP warned, adding that the war could leave “deep social and economic scars for generations to come.’’

The acute impacts of a prolonged war are now becoming more apparent, said UNDP administrator, Achim Steiner.

“An alarming economic decline, the suffering, hardship it will bring to an already traumatized population, must now come into sharper focus. There is still time to halt this grim trajectory,’’ he said in the statement.

LEAVE A REPLY

Please enter your comment!
Please enter your name here