The total cost of reconstruction and recovery in Ukraine as of Dec 31, 2024 stood at $524 billion over the next decade, about 2.8 times the country's estimated GDP for 2024, the World Bank, the European Commission, the United Nations, and Ukraine's government said on Tuesday in an updated Rapid Damage and Needs Assessment (RDNA).
World Bank raises Ukraine's reconstruction and recovery needs estimate by 8% to $524 billion
Related
Study urges Ukraine to ease municipal borrowing rules to unlock reconstruction investment
Ukraine could unlock a new source of reconstruction financing by easing restrictions on municipal bonds and introducing guarantees to attract domestic investors, according to an academic study. The country's centralised borrowing rules prevent local governments from fully using domestic capital markets to finance infrastructure, the study argues. It
Finnvera starts talks with businesses as €240 million Ukraine financing facility opens
Finland's export credit agency Finnvera is in talks with companies about potential reconstruction projects in Ukraine under a €240 million EU-backed financing facility announced earlier this week, with investments being considered in infrastructure, industrial modernization and critical raw materials. The facility became operational on Oct. 27, allowing
Latest
Switzerland expects first Ukraine reconstruction tenders in early 2027, SECO says
Switzerland expects to launch its first public tenders for Ukraine reconstruction projects in early 2027, initially focusing on energy, public transport and water infrastructure, the country's State Secretariat for Economic Affairs (SECO) told Ukraine Rebuild Newswire. "The first procurements are expected to be launched in early 2027
