Losses from Russian invasion: $68 billion direct losses and $600 billion indirect losses
Kateryna Tyschenko - Tuesday, 5 April 2022, 22:44
As of 1 April, Ukraine's direct losses from Russian military actions amount to at least $68 billion, and indirect losses amount to $600 billion.
Source: Iryna Vereshchuk, Deputy Prime Minister, Minister for Reintegration of the Temporarily Occupied Territories of Ukraine, at a briefing
Details: Vereshchuk said the Ministry of Reintegration will coordinate the work of all Ministries to assess the damage from Russian aggression, according to a government decree. This work has already started.
This assessment will cover a wide range of losses, which will be classified into 15 categories. For example, economic losses, infrastructure, environment, cultural heritage, etc.
"This approach will cover all categories of both direct and indirect losses inflicted on our state. Including lost profits we have suffered due to this war of aggression," the Deputy Prime Minister said.
According to Vereshchuk: "According to preliminary estimates, at this moment at least 26,000 square metres of living space, 533 educational institutions, 196 health care facilities, 300 kindergartens, 8 civilian airports, 10 military airfields, 129 factories and enterprises, over 22,000 kilometres of roads, 226 bridges and bridge crossings have been damaged, wrecked and destroyed in Ukraine since 24 February.
Direct losses of physical infrastructure amounted to at least $68 billion as of 1 April, according to calculations by experts at the Kyiv School of Economics, carried out in close cooperation with the Ministry of Reintegration and the government team under the ‘Russia Will Pay’ initiative.
The indirect losses of the economy so far amount to $600 billion. Unfortunately, they are increasing every day."
More details: Iryna Vereshchuk stressed that Russia, as the aggressor state, must fully compensate for all these losses and will be held accountable for what it has done. She promised that the entire government team would make every effort to achieve this.
