Russia has damaged and destroyed Ukraine to the tune of $600-750 billion
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As a result of full-scale aggression, Russia caused damage and destruction to the tune of $600-750 billion as of the beginning of 2023. This was announced by Prime Minister Denys Shmyhal during a joint briefing with the President of the European Commission, Ursula von der Leyen.
Photo: kmu.gov.ua 1
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“Regarding the big recovery, according to the World Bank’s estimates, as of June 1 last year, Russia caused damage and destruction to Ukraine in the amount necessary for recovery — $350 billion. As of the beginning of 2023, this amount can reach from $600 to $750 billion,” Shmyhal emphasized.
He added that confiscated Russian assets should be the number one source of funding for reconstruction, because Russia should pay for the destruction.
Read also: Direct losses of Ukrainian business as a result of the war are estimated at $13 billion — KSE Author: 
News feed editor Anna Nedogybchenko. She writes on the following topics: Finance, banks, economy, investments
Source: Ministry of Finance
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