PM Shmyhal: Ukraine’s reconstruction needs at $411B do not include damage in occupied areas

The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal on Telegram, an Ukrinform correspondent reports.

“Together with the World Bank, we have presented the revised Rapid Damage and Recovery Needs Assessment (RDNA2) today. According to the report, Ukraine’s reconstruction needs increased to $411 billion. […] Currently, this sum does not include the data on the damage caused to infrastructure, housing stock and businesses in the temporarily occupied areas. When the Defense Forces liberate them, we expect that these data will be updated, and the Government will immediately start renovation works within these areas,” Shmyhal wrote.

According to the Prime Minister of Ukraine, the second stage of the Rapid Damage and Recovery Needs Assessment is an important element of Ukraine’s reconstruction strategy.

“Energy infrastructure, housing, critical infrastructure, economy and humanitarian demining are our five priorities for this year. Some reconstruction works have already been completed, and I am grateful to our partners from the EU, the United States and the World Bank for this,” Shmyhal added.

Additionally, the Prime Minister of Ukraine thanked the World Bank for an up-to-date and thorough analysis that will become an important tool for Ukraine and partners in implementing reconstruction projects.