Ukraine recovery and reconstruction needs estimated $349 billion
In a joint assessment released today, the Government of Ukraine, the European Commission, and the World Bank, in cooperation with partners, estimate that the current cost of reconstruction and recovery in Ukraine amounts to $349 billion (€349 billion). This figure is expected to grow in the coming months as the war continues.
“Ukraine is fighting for democracy and our common values. The EU cannot match the sacrifice Ukraine is enduring, but we are mobilizing all our instruments to address the most immediate needs, including for housing for internally displaced populations and repairing critical infrastructure,” said President of the European Commission, Ursula von der Leyen.