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Ukraine could expect worst recession in decade due to Covid-19 pandemic, - UN report

Source : 112 Ukraine

More than nine million Ukrainains could find themselves on the brink of poverty
12:27, 13 November 2020

Poverty level in Ukraine
Reuters

The UN expects Ukraine to face the worst recession since 2010 due to the pandemic of Covid-19. That could lead to nine million people ending up on the brink of poverty. This is mentioned in the UN report on humanitarian situation in Ukraine.

"More than 80 percent of households, and at least one family member in more than 40 percent of families lost his /her job. Though there is not separate data from Ukraine's East yet, chances are the social and economic consequences of this decline because of the conflict in the region will be devastating", reads the message. 

The share of households in debts increased since the beginning of the pandemic. The current level makes 15 percent (as of September 2020), while in March 2020, it was 11 percent.

Related: Covid-19 in Ukraine: 11,787 new cases over 24 hours

The situation in Luhansk region (both Ukraine-controlled areas and militant-held territories) causes serious concerns. In October, the bed occupancy rate in Ukraine-controlled part of Luhansk region exceeded 70 percent. Taking into account the hastening pandemic, the government shut down the only entry-exit checkpoint in Stanytsia Luhanska for entire month (October 15-November 15). Local hospitals in towns and villages report deficit of basic medications, specifically anti-biotics and anti-viral drugs.

On the whole, the UN marks the worsening epidemiological situation in Ukraine. On the average, the number of Covid-19 cases has been doubling every five weeks in the entire country; in Luhansk region, the numbers double every three weeks (in late September 2020, it was 4,600; in late October, it increased to 14,000 cases).

Related: State authorities do everything for Ukraine to receive Covid-19 vaccine among first, - Zelensky

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