Title : World Bank Says It Will Cost $411 Billion To Rebuild Ukraine
link : World Bank Says It Will Cost $411 Billion To Rebuild Ukraine
World Bank Says It Will Cost $411 Billion To Rebuild Ukraine
Russia's invasion of #Ukraine has had a devastating impact, with billions of dollars in infrastructure damaged or destroyed and 8 million more Ukrainians living in poverty in 2022. Learn how @WorldBank is helping the country recover and rebuild: https://t.co/uQFFEShuRs pic.twitter.com/u88OfA1wxM
— World Bank (@WorldBank) March 22, 2023
AFP: Ukraine needs $411 bn for reconstruction, recovery: World Bank
Ukraine's reconstruction and recovery needs have grown to $411 billion, just over a year since Russia's invasion, the World Bank said Wednesday.
The assessment, made jointly by Ukraine's government, the World Bank, the European Commission and the United Nations, is an increase from the $349 billion estimated in a report released in September.
The latest evaluation expects Kyiv to require $14 billion for critical and priority reconstruction and recovery investments in 2023.
Meeting these needs will call for $11 billion in financing beyond what Ukraine's government has already addressed in its 2023 budget, according to the assessment.
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Update #1: Cost of rebuilding Ukraine due to Russian war $411bn: World Bank -- Al Jazeera
Update #2: Cost of Ukraine reconstruction revealed -- RT
WNU Editor: When this war is over do not be surprised if the price to rebuild Ukraine tops $1 trillion. The next question is .... who will pay for it? Ukraine certainly does nto have the means or resources to do so.
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