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World Bank: Ukraine's war-torn economy will sink 35% in '22

Por: ABC News Business October 04, 2022

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WASHINGTON -- Devastated by Russia's invasion eight months ago, the Ukrainian economy will plunge 35% this year, the World Bank forecast Tuesday.The war has destroyed factories and farmland and displaced millions of Ukrainians. The World Bank, a 189-country anti-poverty agency, estimates that rebuilding the country will cost at least $349 billion, 1.5 times the size of 's prewar economy.“Ukraine continues to need enormous financial... + full article



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