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Reuters
Reuters
Business
By Andrea Shalal

World Bank says Ukraine has tenfold increase in poverty due to war

Friends play football in the playground of the School No. 134 that was destroyed by Russian military strikes, as Russia's attack on Ukraine continues, in Kharkiv, Ukraine, October 14, 2022. REUTERS/Clodagh Kilcoyne

Russia's attacks on civilian infrastructure in Ukrainian cities away from the front lines will complicate the dire economic situation facing the country, which has already seen a tenfold increase in poverty this year, a top World Bank official said on Saturday.

Arup Banerji, World Bank regional country director for Eastern Europe, said Ukraine's rapid restoration of power after this week's large-scale Russian attacks on energy facilities reflected the efficiency of the wartime system, but Russia's shift in tactics has elevated risks.

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