Ukraine economic adviser says war damage tops $100 billion so far
© Reuters. A person walks past the “Slovo” building, amid Russia’s invasion of Ukraine, in Kharkiv, Ukraine, March 10, 2022. REUTERS/Oleksandr Lapshyn
WASHINGTON (Reuters) – Ukraine’s top government economic adviser Oleg Ustenko said on Thursday that invading Russian forces have so far destroyed at least $100 billion worth of infrastructure, buildings and other physical assets.
Ustenko, chief economic adviser to Ukrainian President Volodymyr Zelenskiy, told an online event hosted by the Peterson Institute for International Economics that the war has caused 50% of Ukrainian businesses to shut down completely, while the other half are operating at well below their capacity.
Ukraine economic adviser says war damage tops $100 billion so far
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.