How much will it cost to restore Ukraine? |
Russia–Ukraine the war will complete its 7th month in a few days. As it continues over a very large geographical area, the areas affected by the destruction are also very large. In addition, Russia Alone in Ukraine military no, it also targets civilian infrastructure. All these factors increase the scale of destruction in Ukraine. The economy minister of the country announced at the beginning of the war that since the war started in the country 200 min car, 10 million square meters of living space, 8 thousand kilometers long car ways, weather ports, railway lines were destroyed. The war is still going on, but from now on of Ukraine recovery plans have also been developed. These days Ukraine government, the World Bank and Europe Commission of Ukraine partner on recovery report published.
The report points out that the war against Ukraine is not only about the loss of material infrastructure. According to international organizations, the 7-month-long war and destruction in Ukraine are losing the achievements of recent years in the field of cultural heritage protection, as well as economic development and poverty reduction. According to the results for the 2nd quarter of this year, of Ukraine total domestic product production decreased by 37 percent compared to the same period last year. According to experts, the challenges caused by war and destruction will be felt for generations to come.
According to estimates, if the destruction up to June 1 is taken into account, the reconstruction of Ukraine will take at least 349 billion dollars it will be necessary. 97 of these funds billion 252 dollars for the restoration of residential areas, transport and other infrastructure billion dollar should be spent on eliminating the problems arising due to the interruption in trade and production. However, it cannot be ignored that these costs will increase as the war continues.
The report notes that the reconstruction of the devastated Ukraine can be carried out in several stages. In the first stage school and hospitals, as well as the restoration of transport infrastructure, meeting the energy demand that will arise in the winter months. Primary 105 billion in the cost of restoration measures at the stage dollars will be In this regard, the official of the World Bank said that the financial support of the international community should not be cut off in order to ensure that life in Ukraine returns to normal.
Ukraine government, the World Bank and Europe Another noteworthy point in the report prepared by the Commission is related to poverty. The report notes that the number of poor people in Ukraine by the end of this year 10 times will be increased. This means that one out of every five Ukrainians is likely to live in poverty.
Such a sharp increase in poverty is due to the fact that millions of people have been forced to migrate due to the destruction, as well as increasing food will be caused by the prices. The report also emphasizes that if the international community does not help to eliminate the deficit in the state budget of Ukraine, the poverty rate may increase even more than expected. Ukrainian economists said that about 40 percent of workers lost their jobs due to the war. Of those who still continue to work, more than half had to put up with a decrease in their income.
It should not be ignored that many people left Ukraine due to the war. UNAccording to the figures released last month, 12 million people have been forced to leave their homes since the war began. UNThe migration agency said that currently Europe there are 7 million 278 thousand Ukrainian refugees in their country. The countries they visit the most are Poland and Germany. In Poland, the number of people from Ukraine is 1 million 400 thousand, in Germany 1 million people. 431 thousand in the Czech Republic, 160 thousand in Italy, 145 thousand in Turkey, 143 thousand in Spain, 122 thousand in Great Britain, in France 101 thousand Ukrainian refugees were registered. To Azerbaijan there are also Ukrainian refugees. According to the indicator for August, after the war To Azerbaijan the number of Ukrainian refugees who arrived is 4 thousand 639 people. Among the Caucasian countries in Georgia this figure is equal to 26 thousand, and only 489 from Armenia.
The Central Bank of Ukraine said in a statement released today that if the conflict subsides, an increase in GDP may be recorded again next year. In the second quarter of this year, a 37 percent decline was recorded in the country’s economy, but some positive trends also occurred in August. The main reason for this is Ukraine, Turkey and Russia According to the agreement between the
What happened in the country did not affect the activities of farmers. The warehouses are still full as the export of grain products from Ukraine has stopped recently. For this reason, farmers reduce the amount of fields they sow grain by 25-35 percent compared to last year. Another noticeable trend is that many are already focusing on the plants used in the production of vegetable oils. Difficulty in grain export in the country reduces the income of grain farmers. At the same time, the country has enough grain reserves to reach the market. For this reason, Ukrainian farmers are expanding the planting of crops such as sunflower and soybean.