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Ukraine Faces $486 Billion Reconstruction Challenge, Seeks Additional Funding

As Ukraine continues to recover from the invasion, it requires $9.5 billion more for immediate needs, with efforts to seize frozen Russian assets underway.

  • Ukraine requires an additional $9.5 billion to meet its priority recovery needs, as the total recovery and reconstruction costs over the next decade are estimated at $486 billion.
  • Over 37,000 infrastructure facilities were restored in 2023, including residential buildings, schools, hospitals, and critical infrastructure.
  • Ukrainian Prime Minister Denys Shmyhal advocates for the seizure of frozen Russian assets as a primary resource for Ukraine's recovery.
  • The reconstruction efforts aim to prioritize safety, reliability, inclusiveness, energy efficiency, and environmental friendliness.
  • Direct losses from the war are estimated at nearly $152 billion, with significant damage to housing, transportation, commerce, industry, and energy sectors.
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