At this stage, direct physical damage is more than $ 100 billion, and considering the losses suffered by companies and individuals due to the war, the losses will increase two or three times, according to a World representative. Bank.
The World Bank (WB) promises to prepare a comprehensive “analysis of Ukraine’s losses and needs” by the end of the summer. This was announced by Arup Banerjee, WB Regional Director for Eastern European Affairs, Interfax-Ukraine reports.
“At this stage, the direct physical damage is more than $ 100 billion. If you add up the economic losses suffered by companies and individuals because of the war, the losses will increase two or three times,” Arup said. Banerjee.
Banerjee recalled that at the end of March, the World Bank estimated the damage caused by the war to infrastructure and facilities in Ukraine at approximately $ 60 billion.
“According to government estimates, which we widely agree with, the need for resources is generally approximately $ 5 billion per month (or $ 35 billion from now until the end of 2022). Clearly, getting enough is enough. resource is the most important task, but the The value of these resources is also important because Ukraine will need to cater to these growing debts in the future, “said the WB spokesman.
According to Banerjee, the best way for partners to support Ukraine is through grants, and the next best option is loans on concessional terms.
In general, according to experts, international partners have identified financial problems and allocated approximately $ 20 billion to finance assistance to Ukraine.
It was previously reported that 11 airports and 21 train stations were destroyed in Ukraine.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.