World Bank says remittances to Ukraine anticipated to increase more than 20 percent this year

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The World Bank said in a brief released Wednesday that remittances to Ukraine are anticipated to increase more than 20 percent in 2022 against the backdrop of Russia’s invasion of its neighboring country. “Just as the [low- and middle-income countries] were starting to recover from the COVID-19 pandemic, the war on Ukraine erupted, altering the…

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