Finance minister: Damage to Ukraine’s infrastructure estimated at $100B

Damage to Ukraine’s key infrastructure from Russian missile attacks since the war’s start may exceed $100 billion, Finance Minister Marchenko said in an interview on Bloomberg Television’s "Balance of Power With David Westin”.

The costs for restoration, including for damaged energy facilities, will come on top of the country’s needs in budget financing, according to Marchenko, who estimated that could be $3 billion a month next year, down from $5 billion currently.

Earlier, the European Commission, the government of Ukraine and the World Bank estimated the cost of restoring Ukraine at $349 billion.

In a joint statement, the parties said that in the coming months, this figure will increase, as the war in Ukraine continues.

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