550 billion USD? I suppose I shouldn't be surprised that Zelensky acts like a jew.
550 billion USD? I suppose I shouldn't be surprised that Zelensky acts like a jew.
Ukrainian President Volodymyr Zelenskyy has said that his country's losses as a result of the Russian military operation are estimated at 550bn dollars, Ukraine's GDP may fall by half by the end of the year and Kiev hopes to use the Russian reserves frozen due to sanctions to rebuild the country. The IMF has voiced much more modest estimates.
Zelenskyy spoke by video link at a round table at the spring session of the International Monetary Fund (IMF) and the World Bank. He said that the country's economic recovery requires up to $7 billion a month, RIA Novosti reported.
According to him, "Ukraine has lost $550bn as a result of the devastation".
Ukrainian Prime Minister Denis Shmygal said the country's GDP may fall by 30-50% in 2022. According to him, "direct and indirect losses" due to the Russian military operation exceed $560bn, while the country's reconstruction will cost $600bn, Kommersant reports.
Ukrainian Justice Minister Denys Maliuska said in an interview with Reuters that the country's authorities want to use Russia's frozen reserves to compensate for the losses incurred as a result of the military action. He said the quickest solution would be for countries that have frozen Russian funds to pass a special law allowing them to be used for Ukraine's needs. "This requires a certain level of courage and political will from each country," he said.
Meanwhile, the World Bank estimated the damage to Ukraine's infrastructure at 10 times less - about $60bn.
Earlier, economist Ivan Lysan in a commentary for VZGLYAD newspaper estimated the scale of the fuel crisis in Ukraine.
Meanwhile, Russia has decided to challenge the freezing of its international reserves. The VZGLYAD newspaper estimated what chances Russia has to sue the West for its reserves.
Ukrainian President Volodymyr Zelenskyy has said that his country's losses as a result of the Russian military operation are estimated at 550bn dollars, Ukraine's GDP may fall by half by the end of the year and Kiev hopes to use the Russian reserves frozen due to sanctions to rebuild the country. The IMF has voiced much more modest estimates.
Zelenskyy spoke by video link at a round table at the spring session of the International Monetary Fund (IMF) and the World Bank. He said that the country's economic recovery requires up to $7 billion a month, RIA Novosti reported.
According to him, "Ukraine has lost $550bn as a result of the devastation".
Ukrainian Prime Minister Denis Shmygal said the country's GDP may fall by 30-50% in 2022. According to him, "direct and indirect losses" due to the Russian military operation exceed $560bn, while the country's reconstruction will cost $600bn, Kommersant reports.
Ukrainian Justice Minister Denys Maliuska said in an interview with Reuters that the country's authorities want to use Russia's frozen reserves to compensate for the losses incurred as a result of the military action. He said the quickest solution would be for countries that have frozen Russian funds to pass a special law allowing them to be used for Ukraine's needs. "This requires a certain level of courage and political will from each country," he said.
Meanwhile, the World Bank estimated the damage to Ukraine's infrastructure at 10 times less - about $60bn.
Earlier, economist Ivan Lysan in a commentary for VZGLYAD newspaper estimated the scale of the fuel crisis in Ukraine.
Meanwhile, Russia has decided to challenge the freezing of its international reserves. The VZGLYAD newspaper estimated what chances Russia has to sue the West for its reserves.
https://vz.ru/news/2022/4/22/1155068.html
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