13:50 27.04.2022

Direct losses of Ukraine's economy due to war grow by $3.1 bln to $88 bln

2 min read
Direct losses of Ukraine's economy due to war grow by $3.1 bln to $88 bln

The total amount of direct documented damage to Ukraine's infrastructure as a result of the Russian military invasion has reached almost $88 billion, Head of the President's Office Andriy Yermak has said on Telegram.

"Over the past week, direct losses to the Ukrainian economy due to destruction and damage to civilian and military infrastructure have increased by $3.1 billion," he wrote, referring to the Russia Will Pay project implemented by the KSE Institute with the support of the Office of the President of Ukraine, the Ministry of Economy, the Ministry of Reintegration and the Ministry of Infrastructure.

Yermak said that the total losses of the Ukrainian economy – direct and indirect – due to the war range from $564 billion to $600 billion.

"Russia must be responsible for all crimes and destruction in our state, and it is at the expense of the aggressor, in addition to international assistance and money from our budget, that Ukraine must be restored," the head of the Office of the President of Ukraine said.

He said that this estimate of the cost of losses from the ongoing war has so far been made only on the basis of public sources.

According to the data he cited, as of today, at least 23,000 km of roads, 277 bridges and bridge crossings, 11 military airfields, 1 airport have been destroyed or seized.

In addition, 535 kindergartens, 866 institutions of secondary, higher and higher education, 231 medical institutions, 173 factories and enterprises, at least 75 administrative buildings were damaged or destroyed.

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