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World Bank estimates $411-bln will be needed for Ukraine reconstruction
Journal Staff Report

KYIV, March 23 The Government of Ukraine, the World Bank Group, the European Commission and the UN have revised upwards their assessment of Ukraine's needs for recovery as of February 24, to $411 billion from $349 billion as of June 1, 2022.

"Reconstruction and recovery costs are expected to span 10 years and combine the needs of both public and private funds," the World Bank said in a press release on Thursday following the Second Rapid Damage and Needs Assessment (RDNA2), which gives a comprehensive overview of the consequences of the war in twenty different sectors.




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