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Top related persons:
Andrea Shalal WASHINGTON - 1 Arup Banerji - 1 Banerji - 1 Andrea Shalal - 1 Jonathan Oatis - 1
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United Nations Eastern Europe Donetsk Kharkiv Luhansk Zaporizhzhia Kherson Kyiv
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World Bank - 1 United - 1 European Commission - 1

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2 mentions found


☆ Ukraine Needs $486 Billion to Recover, Rebuild After Nearly Two Years of War - World Bank
  + stars: | 2024-02-15 | by ( Feb. | At A.M. | ) www.usnews.com   time to read: +3 min
That 10-year cost estimate is up from $411 billion last March, with housing needs topping the list at $80 billion or 17%, followed by transport needs of $74 billion or 15%, and commerce and industry at $67.5 billion, or 14%. The new estimate excludes reconstruction needs already met through the Ukraine state budget or through partners and international support. He said the Ukrainian economy had proven remarkably resilient in the face of the war. Four of five firms continued to operate in Ukraine, despite the war, with many relying on digital operations or moving sites to stay in business, he added. The number of internally displaced persons had also gone down to around 3.7 million, compared with 5.4 million in spring 2023.
Persons: Andrea Shalal WASHINGTON, Arup Banerji, Banerji, Andrea Shalal, Jonathan Oatis Organizations: World Bank, United, European Commission Locations: United Nations, Eastern Europe, Donetsk, Kharkiv, Luhansk, Zaporizhzhia, Kherson, Kyiv, Ukraine, Ukrainian
☆ External backers pour billions into Ukraine to counter war damage
  + stars: | 2023-02-17 | by ( Olena Harmash Karin Strohecker | Olena Harmash | Karin Strohecker | ) www.reuters.com   time to read: +5 min
[1/3] A view of the destroyed village of Moshchun amid Russia's invasion, Kyiv region, Ukraine May 19, 2022. But before they can even begin to be answered, Kyiv is seeking billions just to ride out this year. After a 30% contraction in its economy in 2022, Ukraine will need $38 billion by the end of year to cover its budget deficit alone. "But to me, one of the surprises has been how the private sector has been so resilient." "Supporting Ukraine now is critical to avoid a devastating humanitarian crisis and to strengthen Ukraine for what it's doing for the rest of the world."
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