City
Epaper

Ukraine puts indirect losses from conflict with Russia at over $1 trillion

By IANS | Published: March 30, 2022 6:15 AM

Kiev, March 30 Ukrainian Prime Minister Denys Shmyhal has said that the Ukraine's indirect losses from the conflict ...

Open in App

Kiev, March 30 Ukrainian Prime Minister Denys Shmyhal has said that the Ukraine's indirect losses from the conflict with Russia are estimated at more than $1 trillion, the Interfax-Ukraine news agency reported.

"The losses, calculated indirectly, taking into account the losses in the coming years, amount to more than a trillion dollars," Shmyhal was quoted as saying by Xinhua news agency.

The cost of direct damage to Ukraine's public buildings, bridges, roads, civilian and military infrastructure caused by the attacks is estimated at about 270 billion dollars, he said.

He projected that Ukraine's gross domestic product (GDP) will shrink by 35 per cent this year due to the conflict.

Ukraine's GDP was up 3.4 per cent in 2021 after a 3.8-per cent decline in 2020.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: KyivXinhuaUkraineDenys shmyhalInterfax-ukraine
Open in App

Related Stories

InternationalEscalation in Ukraine: Russia Launches Major Air Attacks

InternationalNATO Ministers Approve Ukraine Training and Support Mission

InternationalRussia-Ukraine Conflict: Brutal Aerial Attack on Ukraine As Missiles, Drones Rain Down

InternationalUS Announces $275 Million in New Security Assistance for Ukraine, Including Ammunitions and Artillery Rounds

InternationalRussia Ukraine Conflict: 7 Killed, 21 Injured in Missile Strikes on Kharkiv

International Realted Stories

InternationalDoctors' group in S.Korea offers to vote on walkout if govt accepts 3 demands

InternationalCommitted to work together to deal with important issues: Trudeau after meeting PM Modi in Italy

LifestyleEid-al-Adha 2024: Goat Fetches Price More Than a 3BHK Flat Ahead of Bakrid, Registered in Guinness Book of World Records

InternationalYoon returns home from 3-nation Central Asia tour

International4th case of African swine fever confirmed in S.Korea this year