4 Jul 2022 19:34

Ukrainian PM estimates country's recovery plan at $750 bln

MOSCOW. July 4 (Interfax) - Ukrainian Prime Minister Denys Shmyhal has said Ukraine's recovery plan is already estimated to cost $750 billion.

"Who should pay for the recovery plan, which is already estimated at $750 billion? We believe the key source of recovery should be the seized assets of Russia and Russian oligarchs," Shmyhal said at a conference on Ukraine's recovery in Switzerland's Lugano on Monday.

Additionally, the prime minister listed international grants, preferential loans from international financial institutions, private sector investment and non-budgetary contributions from individuals and corporations as sources of recovery.

Shmyhal noted that one of the sources of the country's reconstruction would be the Ukrainian budget.