Economics

Ukraine after the war: How many billions will be needed to restore the country

According to Vladimir Zelensky, the Russians destroyed energy stations, a network of educational institutions, cultural centers and museums, churches and objects of different infrastructure. The elimination of the consequences of war with Russia and post -war restoration will cost our country about $ 400 billion.

This was announced by President of Ukraine Volodymyr Zelensky at a joint press conference with the Prime Ministers of the Netherlands Mark Rutte and Belgium Alexander de Kroo in Hague, May 4, 2023. According to him, the invaders were destroyed by energy stations, a network of educational institutions, cultural centers and museums, churches and objects of different infrastructure.

Volodymyr Zelensky noted that there is still a problem with the current legislation in other countries on confiscation and transfer of Russian frozen assets for their use to restore our country. The head of state reminded that Belgium is going to transfer to Ukraine frozen Russian assets worth 58 billion euros, but, according to Zelensky, this money will not be enough for recovery. "Because even with the recent World Bank, we need more than 400 billion. It is real statistics.

But we do not know what is happening in the temporarily occupied territories, what the level of destruction is there," Volodymyr Zelenskyy said. He added that Ukraine asks for all-Union countries and the European Commission to find a mechanism that will allow our country to pass frozen Russian assets.

We will remind, in early April 2023 the deputy chairman of the NBU Sergey Nikolaychuk stated in an interview with "Obserwator Finansowy" that direct loss of material assets and infrastructure of Ukraine due to a full -scale invasion of the Armed Forces of the Russian Federation is now estimated at almost $ 140 billion. According to him, it is 2/3 of the pre -war internal gross product (GDP) of Ukraine.