Ukraine’s President Office: Ukraine needs $100 billion annually for recovery

Post-war reconstruction of Ukraine will require $30-100 billion annually, Timofiy Mylovanov, adviser to the head of the President's Office, said at a briefing held at the Ukrainian Media Center.

According to him, $20-30 billion a year are needed to support the macro economy, and the same amount is required to support the army.

"At the conference in Lugano, Ukraine declared that 750 billion dollars are needed for the country's recovery. If we received such investments, then Ukraine would be a truly economically developed country," he said.

Earlier, an international Ukraine Recovery Conference was held in Lugano, Switzerland. At the end of the event, the relevant plan was approved.

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