Since the beginning of the full-scale invasion, only 3% of companies have stopped working. Only 3% of companies have closed since the beginning of the full-scale invasion of Ukraine by the Russian Federation, with 97% maintaining operations, said Regional Director of the World Bank for Eas... #ArupBanerjee #BusinessduringWar #businessinukraine #EBA
The World Bank’s fund has already collected $920M for Ukraine. The Ukraine Relief, Recovery, Reconstruction and Reform Trust Fund (URTF) has already accumulated $920M and received new contributions from the governments of Iceland ($3.6M), Latvia (€2M), and the Ne... #ArupBanerjee #ReconstructionUkraine #UkraineRecovery #URTF #worldbank
The war has set Ukraine back 15 years in terms of poverty. As noted by the regional director of the World Bank, Arup Banerjee, the Russian Federation’s invasion into Ukraine is a tragedy with severe human and economic consequences. According to World Bank est... #ArupBanerjee #PovertyInUkraine #WarinUkraine
The WB will require the use of the Prozorro platform for Ukraine’s reconstruction. The Prozorro e-procurement system, including the Prozorro Market e-catalogs, meets the e-procurement requirements for World Bank-financed operations. The World Bank team conducted their relevant analy... #ArupBanerjee #ProzorroUkraine #worldbank
The World Bank predicts a tenfold increase in poverty in Ukraine. The poverty level in Ukraine will increase tenfold, and the Russian Federation’s attacks only complicate the economic situation, said Arup Banerjee, the regional director of the World Bank in Eastern ... #ArupBanerjee #PovertyInUkraine #worldbank
The government expects to launch the International Trust Fund for the Reconstruction of Ukraine. Minister of Economy of Ukraine Yulia Svyridenko met with Arup Banerjee, Regional Director of the World Bank, to discuss the creation of a fund for Ukraine’s recovery, cooperation in promoting investme... #ArupBanerjee #ReconstructionofUkraine #UkraineRecovery #YuliyaSvyridenko
Ukraine will receive $530M from the World Bank. The World Bank has announced an additional $530M in support for Ukraine. Of this money, $500M was provided by Great Britain and $30M by Denmark. As of September, the World Bank has mobilized almost $1... #ArupBanerjee #financialaidforUkraine #worldbank
