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
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Ukraine Cabinet shakeup leaves investors looking for clues of reconstruction agenda
Ukraine appointed Naftogaz chief executive Serhii Koretskyi as prime minister this past week in its biggest wartime cabinet reshuffle, testing whether reconstruction reforms that underpin billions of euros in international financing will stay on course. Koretskyi, confirmed as prime minister on 16 July, has sought to reassure international partners that
Spain launches €20 million financing facility for Ukraine reconstruction
Spain's Official Credit Institute (ICO), export credit agency Cesce and Raiffeisen Bank Ukraine have launched a €20 million financing facility to support reconstruction projects involving Spanish companies in Ukraine. The financing, which will be channelled through Raiffeisen Bank Ukraine, will target investments in infrastructure, engineering, energy, transport and
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Ukraine Cabinet shakeup leaves investors looking for clues of reconstruction agenda
Ukraine appointed Naftogaz chief executive Serhii Koretskyi as prime minister this past week in its biggest wartime cabinet reshuffle, testing whether reconstruction reforms that underpin billions of euros in international financing will stay on course. Koretskyi, confirmed as prime minister on 16 July, has sought to reassure international partners that
