The damage to the state's economy in the first six weeks of the war exceeded $ 500 billion.
Prime Minister of Ukraine Denis Shmygal believes , which in 2022 alone Ukraine's GDP could shrink by 30-50 percent, as stated in a column for The Economist.
Last year, the country's GDP amounted to $ 200 billion and became the largest in its history, despite Russia's occupation of Crimea and Donbas, the prime minister said. According to him, before the start of a full-scale invasion of Russia, the Ukrainian economy was expected to recover in 2022.
“On February 24, Vladimir Putin and his Russian army decided to destroy these achievements, as well as much more. The development of our country and the pro-Western vector of politics destroyed the Kremlin's imperial ambitions, “Shmygal stressed.
He added that in the first six weeks of the war, Russia had damaged Ukraine's economy by more than $ 500 billion. According to the Government, this figure may eventually increase to one trillion dollars, which is five times Ukraine's GDP in 2021.
According to Shmygal, Russia is now “doing everything possible to destroy Ukraine's economy and to throw our people back to the 19th century ”.
In particular, the Russian military blocked all seaports through which more than 70% of goods were exported, destroyed the two largest Ukrainian metallurgical enterprises – Mariupol Ilyich Plant and Azovstal Plant, and damaged or destroyed more than 7,000 homes across the country.
The Prime Minister also reminded of the threat of the global food crisis that may be caused by Russia's war against Ukraine.
He said that, according to the Government, it will take about $ 600 billion.
Shmygal believes that the reconstruction of Ukraine should be planned now. According to him, the sources of funding for the recovery fund could be frozen Russian assets, grants and soft loans from the West and international organizations, as well as the Ukrainian government, business and people.
Earlier, Prime Minister Denis Shmygal said that The European Commission has proposed abolishing tariffs for one year on all exports from Ukraine to the European Union.
See the special topic: Reznikov warned Ukrainians about difficult days ahead, but “we will endure” He noted that citizens will still face destruction and painful losses. Former serviceman of the Armed Forces of Ukraine sentenced to 14 years in prison for treason The man sided with the Russians in 2014 and now came with them as an occupier. Occupiers want to hold a so-called “prestur” in Mariupol tomorrow: intelligence tells details This action is a “continuation of the policy of creating fakes to justify Putin's punitive and shift the blame for their crimes on Ukrainians themselves. ” WP: War in Ukraine could be for Russia what Afghanistan has become for the United States Getting out of the war should seem like a pretty attractive idea to Putin at the moment. The Russian military destroyed 102 educational institutions in Ukraine, another 1,412 were damaged In particular, on April 26, the Russians shelled a school in Lysychansk, in the basement of which 23 people were hiding.
