UN announces that the cost of restoring Ukraine has been increased to 411 billion dollars

No time to read?
Get a summary

The estimated cost of rebuilding Ukraine after the conflict rose to $411 billion. report UN “World economic situation and prospects”.

According to the text of the document, the Ukrainian economy will stagnate in 2023, despite external financial assistance, including from the IMF, and direct budgetary support from the European Union and the United States. At the same time, the cost of restoring the country is currently estimated at $411 billion.

The report also shows that the Ukrainian economy has lost most of its industrial capacity and energy infrastructure, contracting by 29.1% in 2022.

Formerly, Antje Bertschi, head of the information service of the Swiss State Secretariat for Economics, in the country disregard Possible use of the assets of the Central Bank of the Russian Federation located there for the restoration of Ukraine. According to Bertschi, Switzerland is closely following the discussions in the EU about the possibility of investing the assets of the Russian Central Bank and using the proceeds to restore Ukraine.

Prior to that, the Belgian government agreed on an aid package of 92m euros for Ukraine. will pay at the expense of income from frozen Russian assets. Half of this amount will be spent on armament and the other half on humanitarian aid.

No time to read?
Get a summary
Previous Article

How many titles does Lionel Messi have?

Next Article

“Soon they’ll start hitting titmouse.” State Duma seeks to legalize yellow and blue