Ukraine's post-war recovery could cost nearly $188bn after facing massive losses: Report

Ukraine will require at least $188 billion for post-war recovery as Russia continues unending brutalities in east European nation, vastly damaging life and property. According to a report cited by Kyiv Independent, renovation of war-battered country will include reconstruction of civil and commercial infrastructure, hospitals, schools, and many more among or important sites.

analysis comes after Kyiv School of Economics (KSE) studied massive losses Ukraine suffered in five-month-long running war. "Russia's war in Ukraine has led to direct loss of $100 billion worth of residential and non-residential buildings, and infrastructure sites," KSE report said, as quoted by Kyiv Independent. It also mentioned that among total sum, Ukraine suffered over $2.1 billion in past week alone.

Western contribution to Ukrainian redevelopment

According to Senior Vice President of American Global Strategies, Brlan J Cavanaugh, Russia's "unprovoked and illegal" invasion cost Ukraine massive losses in terms of life and property but also saw strengned Western unity. As of May, over 37 Western nations were aiding Ukraine in terms of military, finance, or humanitarian. Over $63 billion in bilateral aid has alrey been provided or pledged since January this year, Cavanaugh said in this piece for Foreign Policy. While US is on frontline of extending assistance, including $5.5 billion to be disbursed in coming days from $40 billion bipartisan commitment for Ukraine, European countries have also not lagged with Poland (1.17%), Estonia (0.97%), Latvia (0.83%) pledging a cumulative 2.97% of ir GDP.

Ukraine military pounds 2 Russian ammunition depots

On 168th day of war, Ukrainian Operational Command stated that Ukrainian forces killed 41 Russian invers and destroyed at least 3 Msta-B Howitzers. Furr, Ukrainian defenders also conducted six airstrikes hitting Russian positions in Beryslav district in Kherson. Ukrainian troops also annihilated an Eleron-3 drone and Russian control center and seven more armoured vehicles.

As a repercussion, Russian armed forces reportedly continued arbitrary shelling of Ukrainian territories. Speaking to Kyiv Independent, Governor of Sumy Oblast Dmytro Zhyvytskyi on Wednesday said that Russian invers bombed region "at least 200 times" on August 10. He ded, that inving troops also struck Bilopilska, Krasnopilska, Novoslobidska, Sumy, and Khotin communities with small arms.

(Image: AP)