Reconstruction Costs for War-torn Country Estimated at $50 Billion, Funding Sources Uncertain

If there were to be a political solution, the reconstruction would also have to be paid for. “The first estimates put it at around 50 billion dollars. That will probably be more, because the bombings are still continuing. We do not yet know who will provide that money. Saudi Arabia, the United Arab Emirates: they would be willing put money on the table.”

“The United States and the European Union are much less enthusiastic about this, as they still have financial aid for Ukraine in the back of their minds. Moreover, there is also the fear that there would be renewed bombings after the reconstruction, as has happened in the past. “

2023-12-27 17:59:00
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