Monday, July 4, 2022

Ukraine reconstruction estimated to cost $750bn

Reconstructing Ukraine is expected to cost $750bn, Ukrainian Prime Minister Denys Shmyhal has said, insisting that seized Russian assets should be used pay for the recovery of his war-shattered country.

 Speaking to the Ukraine Recovery Conference in southern Switzerland, he said Ukraine’s recovery “is already estimated at $750bn. We believe that the key source of recovery should be the confiscated assets of Russia and Russian oligarchs.”

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