The amount needed for Ukraine's post-war recovery has been revealed — the figure is shocking
The World Bank has already identified 348 priority projects worth $17 billion.
Prime Minister of Ukraine Denys Shmyhal / Photo: Telegram/Denys Shmyhal
The needs for Ukraine's reconstruction over the next 10 years are estimated at $524 billion.
This was announced by Prime Minister Denys Shmyhal, citing the new World Bank report RDNA4.
Updated data shows that the amount has increased by $38 billion compared to the previous estimate.
"The state has already defined the main principles of reconstruction. These include the "build back better" principle. The principles of safety, energy efficiency, accessibility, and inclusivity. But the main principle is that the reconstruction must start now," the message reads.
The World Bank has already identified 348 priority projects worth $17 billion, of which $7 billion has already been earmarked as partial or full financing for specific areas.
"Thank you to the World Bank for its thorough and quality assessment of the damages and needs of Ukraine. Its results will serve as the foundation for planning the recovery in the near future," Shmyhal added.
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