A new US-funded report out of Kiev assesses $108.3 billion in economic damages for Ukraine, but requests a 7x replenishment of $750 billion so that the country can “Build Back Better.”
The Kyiv School of Economics has released a new assessment claiming that Ukraine will need hundreds of billions of dollars to “Build Back Better” from its war against Russia.
As of August 1, 2022, the new update from the Ukrainian institution assesses $108.3 billion in economic damages from the war, roughly the equivalent of the country’s gross domestic product in 2020.
Russia’s invasion of Ukraine has caused $108.3 billion in damage to the country’s infrastructure, according to a study from Kyiv School of Economics released the same day Ukraine’s defense ministry estimated the war has left 3.5 million people homeless. t.co/c7mV6cD4Sx pic.twitter.com/ugeeHC9SoZ
— Forbes (@Forbes) August 3, 2022