Prime Minister of Ukraine voiced the economic impact of war
16.03.2022
Source: nv.ua
According to the Ukrainian government, the economic loss of Ukraine have already reached 565 billion dollars. This number was announced on March 15 during the press conference of Denis Shmygal together with the Prime Ministers of Poland, the Czech Republic and Slovenia.
"Our government has already set up a group to assess economic loss due to Russian aggression. A preliminary estimate is 565 billion US dollars of the direct one-time loss for Ukraine”, - the Prime Minister said.
The government has already set up four funds that will accumulate funds for the restoration of the state.
"Both at the expense of the reparations Russian Federation will pay and at the expense of our partners - all for Ukraine to recover," Shmygal said.
Also, according to President's adviser Oleg Ustenko, $ 300 billion of funds from the Russian Central Bank have already been reserved for Ukraine, Ukrinform reports.
In addition, the day before, the IMF forecast a 10% drop in Ukraine's GDP and an acceleration of inflation to 19% due to the Russian invasion.
The IMF believes that "the intensity of the ongoing conflict leads to large-scale destruction of Ukraine's productive potential," - says the publication of "HB".
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