By the end of 2022, eight million people will live below the poverty line in Ukraine. This was stated by World Bank Vice President Anna Bjerde in an interview with the Austrian newspaper Die Press..
“This will raise the poverty rate from 2% to 25% of the population,” she added..
“The humanitarian consequences of the war are catastrophic. Without infrastructure, there is no economy, the Ukrainian state has no tax revenues.”.
According to UN human rights chief Volker Turk, 17.7 million people are in need of humanitarian assistance and 9.3 million are in need of food aid and livelihoods.. The World Bank estimates that restoring Ukraine's damaged infrastructure will cost more than $500 billion..
The European Commission believes that Russia should pay.
“Russia and its oligarchs need to compensate Ukraine for the destruction and cover the costs of rebuilding the country,” said European Commission President Ursula von der Leyen during a press conference on November 30.
Russia has the means to do so, according to von der Leyen, who offered to use " At the beginning of the war, about 300 billion euros of reserves of the Central Russian Bank were frozen, as well as 19 billion euros of assets owned by Russian oligarchs..