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Ukraine’s Grim Economic Toll From War Confronts World Governments
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WASHINGTON—Top world financial officials gathered in Washington this past week confronted a grim picture of the growing economic costs of Russia’s war in Ukraine and the challenges they face to help pay Ukraine’s short- and long-term bills.
Ukraine needs around $5 billion a month in budgetary support for up to five months and roughly $600 billion for a broader rebuilding effort, Ukrainian Prime Minister Denys Shmyhal said Thursday at a forum hosted by the World Bank during spring meetings held with the International Monetary Fund.
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