The housing sector accounted for about $84 billion of the total long-term needs, followed by transport with almost $78 billion, energy and mining with almost $68 billion, commerce and industry with over $64 billion, and agriculture with over $55 billion.
The latest assessment, using a universal methodology to assess damages and needs, found that direct damage in Ukraine from Russian attacks has risen to $176 billion from $152 billion reported in February 2024.
Ukraine’s government has allocated $7.37 billion to address priority needs for 2025, with support from donors, but still has a financing gap of nearly $10 billion, the joint statement said.
The estimated cost to rebuild Ukraine following Russia’s invasion has soared to $524 billion, a figure nearly three times its projected economic output for 2024, according to a new assessment.
“In the past year, Ukraine’s recovery needs have continued to grow due to Russia’s ongoing attacks,” Ukraine’s Prime Minister Denys Shmyhal said in a statement.
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