Business news from Ukraine

REBUILDING DONBAS WOULD REQUIRE $10 BLN

10 August , 2020  

Restoring the temporarily occupied parts of Donetsk and Luhansk regions will require around $10 billion, Ukrainian President Volodymyr Zelensky’s economic advisor Oleh Ustenko said.
“Preliminary estimate: that’s around $10 billion, which will be needed to restore the uncontrolled territory. That is 5-7 per cent of our GDP,” Ustenko told The Donbas.Realities radio station on Saturday.
Once those areas have been reintegrated, it will be necessary to set up a fund with money from donors among others, he said.

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