According to a recent World Bank report, poverty in Ukraine increased from 5.5% to 24.2% in 2022, pushing an additional 7.1 million people below the poverty line, with the worst effects undetected in rural areas. This is reported by the British newspaper The Guardian..

With unemployment unofficially at 36% and inflation reaching 26.6% at the end of 2022, Arup Banerjee, the institution's regional director for Eastern Europe, warned that more and more Ukrainians could fall below the poverty line in the future..

" Food is the most expensive, in second place is fuel for the car. Some things have risen in price by 40-50%,” a pawnshop employee told reporters.. Rising unemployment and the cost of living have forced many Ukrainians to pawn their phones and other devices to make ends meet..

Economist Elena Bilan said that without a huge package of financial support from the international community, including pledges worth $43bn (?34bn), the situation would have been even worse..

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“We are seeing a 30% drop in GDP mainly because Ukraine exports 80% of its goods through ports it no longer has access to.. We had inflation at 26% - again, what could be worse - but people's salaries also remained the same, and the currency depreciated against the dollar by 20%. The biggest challenge will be how to create new jobs.”.

The law on the introduction of a moratorium on the increase in tariffs for heat, hot water and the distribution of natural gas for the period of martial law and six months after its lifting, adopted in August last year, allowed Ukrainians to survive the winter. But inflation of 25% cannot be closed, and if the necessary increase in tariffs is not paid by citizens, it is paid by the state budget. Read more about what services and goods have risen in price in Ukraine in Viktor Konev's article "