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Economy 1 min read Source: Зеркало недели

Russia's war took more than half of Ukraine's GDP - IED

Russia s war took more than half of Ukraine s GDP - IED
photo Зеркало недели

To compensate for the losses caused by Russia's war against Ukraine, the Ukrainian economy must grow by 15 percent annually for five years, or by seven percent for ten years.. The war unleashed by Russia has destroyed more than 50 percent of Ukraine's GDP, the Kyiv-based Institute for Economic Research and Policy Consulting has calculated..

" This is a big investment project, to which Ukraine itself should also make a contribution.. The post-war reconstruction of Ukraine will require colossal efforts from both the government and society,"

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We still measure the war in days, although it is clear that it will last for months, if not years..

Timely realization that we are running not a sprint, but a marathon is the key to victory. And now it is very important to calculate the strength and money for a long distance. “How much money Ukraine lacks and where to get it”, read in the text by Yulia Samaeva.

At the same time, one should not forget that Western companies that have suffered multibillion-dollar losses will also apply for the frozen and confiscated Russian money.. About what in his article " Well-known economist Igor Burakovsky competently told UA.

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