A new report estimates that reconstructing Ukraine will cost $524 billion, nearly three times its expected economic output for 2024. This figure has risen by over 7 percent from a previous estimate of $486 billion. The report details the extensive damages incurred since Russia's invasion in February 2022, covering physical destruction and impacts on people's lives. Key affected sectors include housing, transportation, and energy, with housing alone requiring $84 billion for recovery. The report underscores the critical need for international support as Ukraine continues to face severe infrastructural challenges.
The estimated cost of reconstructing Ukraine has risen to $524bn, marking a significant increase driven by damage from Russia's bombardment as the war enters its fourth year.
The study showed that housing, transport, energy, commerce, and education are the most affected sectors, with the cost of rebuilding housing alone accounting for $84bn of the total.
Collection
[
|
...
]