Ukraine’s Register of Losses from Russian Aggression will begin operating in August. As the Ministry of Justice explained, the agreement signed in Reykjavík imposes certain obligations on the signatory countries. Currently, work is underway to create management bodies consisting of a ... #CompensationForUkraine #ReparationsForUkraine #ReykjavíkSummit #UkraineWarDamages #WarinUkraine
The West and Ukraine have recalculated the recovery needs to $411B. The World Bank, the European Commission, the UN, and the government of Ukraine revised the assessment of Ukraine’s needs for post-war recovery. Now it is $411B, up from $349B, or more than twice... #ReconstructionUkraine #UkraineRecovery #UkraineWarDamages
The Hague will create a register of Ukraine’s losses from Russian aggression. The Government of the Netherlands has agreed to Ukraine’s proposal to create a new international organization in The Hague – the Register of Damages Caused by Russian Aggression to Ukraine... #HagueCort #ReparationsForUkraine #UkraineWarDamages
UAH 35.5B from the Elimination of the Consequences of Armed Aggression fund will be spent on restoring the country. As reported by the government, the funds will be directed to the following main areas: construction of public buildings, structures for civil protection, construction, reconstruction, an overhaul of c... #UkraineReconstruction #UkraineWarDamages
War damage to Ukraine’s economy has already reached $700B. According to Prime Minister Denys Shmyhal, it is planned to conduct another identification of Ukraine’s needs for the fastest possible recovery together with the World Bank. Shmyhal added that t... #DenysShmyhal #UkraineRecovery #UkraineWarDamages
Losses from the destruction of Ukraine’s largest poultry farm are estimated at $330M. Agro-holding Avangard, which owns the largest poultry farm in Ukraine, Chornobaivska, announced that Russian occupiers looted the property and removed the most valuable elements. The company reported ... #AgroHoldingAvangard #PoultryFarmUkraine #UkraineWarDamages
Ukraine’s losses from destroyed housing, business, and infrastructure amount to half of the GDP. The National Bank of Ukraine estimates Ukraine’s losses from destroyed housing, business, and infrastructure due to Russian aggression at 50% of 2021’s GDP, or $100B. In addition, this figure i... #UkraineDamages #UkraineWarDamages #WarDamages #WarLosses
