As the war is now in its fourth year, the growing need for the $5240 billion estimate mark caused by the bombing of Ukrainian cities and infrastructure in Russia.
According to a new report, estimated costs have risen three years after the full-scale Russian invasion.
The cost of rebuilding the country and reviving the economy is now $524 billion, according to a investigation by the World Bank, the United Nations, the European Commission (EC) and the Ukrainian government, which was released on Tuesday. The total is almost three times Ukraine’s expected economic output in 2024.
This estimate shows an increase of more than 7% compared to the agency’s last report that pitched a cost of $48.6 billion a year ago.
Data covering damages from the date of the full-scale Russian invasion on February 24, 2022 to December 31, 2024, directly physical damage to buildings and other infrastructure, people’s lives and The impact on livelihood and cost costs were quantified. “Build Bult Burt Better,” the agency said in a joint press release.
Housing, transportation, energy, commerce and education were the sectors most affected. This included a 70% increase in damage to Ukraine’s energy infrastructure from the Russian attacks.
Approximately 13% of Ukraine’s total housing stocks have been damaged or destroyed, affecting more than 2.5 million households.
The housing sector accounts for around $84 billion of its long-term total needs, and then requires nearly $78 billion in transportation, energy and mining, nearly $68 billion, commerce and industry, over $64 billion, and agriculture. bn.
The cost of wreckage clearance and management alone is fixed at almost $13 billion, the report says.
The estimate ruled out more than $13 billion in needs in eight sectors already met by Ukraine through state budgets and donor funds.
“The assessment highlights the extraordinary damage Russia has inflicted on Ukraine,” said EC Expansion Commissioner Marta Kos, who needs to deepen the Ukrainian economy into the single EU market and promote recovery. He emphasized.
Ukrainian Prime Minister Dennis Schmichal said “Russia’s ongoing attacks have kept the need for recovery continues to grow,” adding that his government will prioritize restructuring and repairing energy infrastructure and housing.
Daily air attacks
Ukraine marked a three-year full-scale war with Russia on Monday, and now the two countries are trading almost daily drone and missile attacks, many hitting critical infrastructure.
Air Force warnings rang out throughout Ukraine early on Tuesday. This is because the Air Force has warned about the huge number of missile attacks.
The Ukrainian forces said Russia fired seven missiles and 213 drones overnight. The Air Force said it fired down six missiles and 133 drones, but 79 more drones did not reach the target, possibly due to electronic warfare.
A 44-year-old woman was injured and several homes in the Kyiv area were damaged, Gov. Mykola Kalashnyk said.
In the barrage of the barrage, neighboring Poland is a NATO member and base of the planes belonging to the military alliance – said it had scrambled the aircraft to ensure its safety.
The Russian Ministry of Defense said the air defense units intercepted and destroyed 19 Ukrainian drones overnight.
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