Ukraine's 10-year recovery needs reach $588 bln, with $9.5 bln funding deficit for 2026 - Development Ministry

MOSCOW. Feb 24 (Interfax) - The total needs for Ukraine's recovery and reconstruction over the next ten years are estimated at $588 billion, which is $64 billion more than the previous estimate and almost three times the projected nominal GDP for 2025, Ukrainian media reported, citing the Ukrainian Community Development and Territories Ministry.

In accordance with the fifth Rapid Damage and Needs Assessment (RDNA5) presented by the ministry and the World Bank, the transport sector requires the most investment, with over $96 billion for the next ten years to retrofit highways, railways, and ports. The housing sector's needs are estimated at $90 billion, while the energy and water sectors require $17.5 billion.

"We need $15.25 billion to implement priority projects in 2026. We have secured $5.8 billion in funding, but the deficit remains critical at $9.5 billion," the ministry quoted Ukrainian Deputy Prime Minister of Reconstruction and Minister of Community Development and Territories Alexei Kuleba as saying.

The heating sector remains critically underfunded, with $1.6 billion needed in 2026, but with less than 1% of the funding secured, the ministry said. There is also a drastic shortage of funds in the energy, housing and transport sectors, where only a third of the needs have been met.