USD
39.53 UAH ▼0.34%
EUR
42.31 UAH ▼0.5%
GBP
49.47 UAH ▼0.32%
PLN
9.78 UAH ▼0.84%
CZK
1.68 UAH ▼0.39%
The most serious changes in terms of financing the restoration of infrastructure...

Many money: the World Bank has calculated how much the reconstruction of Ukraine after the war will cost

The most serious changes in terms of financing the restoration of infrastructure occurred in the frontal regions. Ukraine will have to spend $ 411 billion in restoring its own economy from the consequences of war. The amount is 2. 6 times higher than the expected GDP of Ukraine in 2023, reports Reuters with reference to the data of the World Bank. According to express values, Ukraine requires $ 14 billion for critical and priority investments in reconstruction and restoration in 2023.

This will require $ 11 billion funding in addition to what is provided in the budget of Ukraine this year. Almost 22% of the needs are transportation, 17%, energy - 11% and agriculture - 7%. The most proportional growth was in energy. There are losses according to the World Bank here, the fifth level exceeded the level of June 2022.

Serious changes in financing the restoration of infrastructure have taken place in the frontal regions, such as: it is noted that these regions have been under powerful rocket strikes from the Russian Federation since October 2022. At the same time, the World Bank Vice President in Europe and Central Asia Anna Bride highly appreciated Ukraine's sustainability and determination in solving urgent tasks for restoration and reconstruction.

"The continuation of Ukraine's support is investments in both the country and the world economy. Supporting development partners for public investment should be supplemented with significant private investments to increase affordable funding for restoration," she said. We will remind that in December 2022 the World Bank of Post-War Ukraine estimated at $ 500-600 billion. In this process, according to Anna Bierde, both states and private companies should join.