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Ukraine’s Prime Minister reveals the cost of damage directly caused by Russian aggression

Monday, 5 September 2022, 20:05

MONDAY, 5 SEPTEMBER 2022, 18:50 - ANASTASIA ZHARYKOVA

Ukraine has verified US$326 billion worth of damage directly caused by Russia’s aggression.

Prime Minister Denys Shmyhal said this in a statement following the 8th meeting of the EU-Ukraine Association Council, Interfax-Ukraine reports.

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"Together with the World Bank, the Ministry for Communities and Territories Development has verified damage caused by Russia worth US$326 billion. That is, direct damage which has already been verified as of today, physical damage," Shmyhal explained.

According to Shmyhal, US$105 billion of this amount is the verified amount that is required to rebuild various facilities.

US$17 billion is needed for rapid recovery, US$3.4 billion of which Ukraine will receive this year, and the rest in 2023.

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Reminder:

The cost of the damage caused to Ukraine’s natural environment over the six months of Russia's armed aggression has reached UAH 395 billion.

The total minimum amount required to rebuild Ukraine’s destroyed assets is US$188 billion. Direct losses amount to US$110.4 billion.

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