The World Bank (WB), European Commission (EC) and officials in Kiev estimated the cost of restoring Ukraine to be $411 billion. Reuters.
The publication states that this amount is 2.6 times the GDP of Ukraine, according to the 2022 forecasts. The report, prepared by the EC, the World Bank and Kiev, covers one year from February 24, 2022.
According to the parties, Ukraine needs $14 billion in investment for reconstruction this year. The report states that the damage to Ukraine’s energy system has increased five times compared to the June 2022 estimates.
Ukraine Rejects Former Prime Minister Shmyhal declarationHe said about 150 million hryvnia ($4 billion) would be needed to restore the country.
February 24, 2022 Russian President Vladimir Putin declarationThe one who, in response to a request for help from the heads of the LPR and DPR, decided to conduct a military special operation to protect Donbass.
The decision to run the operation became the justification for new sanctions against Russia by the United States and its allies.
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