Ukraine needs $588 billion to rebuild from Russia’s invasion: report

Ukraine needs $588 billion to rebuild from the destruction caused by Russia’s four-year invasion, a figure almost three times the country’s annual economic output, the World Bank and other institutions said in a report Monday.

“Recovery and reconstruction needs continue to grow and are now estimated at US$587.7 billion over a 10 year horizon — equivalent to almost three times Ukraine’s 2025 GDP,” the report said.

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

You must belogged into post a comment.

Source: Insider Paper