According to estimates from the Kyiv School of Economics, Russia has caused $80.4 billion in damage to Ukraine’s physical infrastructure since its invasion began on February 24. (KSE).
According to a KSE analysis that went from April 11 to April 11, eight civilian airports, 145 factories, over 600 educational institutions, and 205 medical facilities were damaged, destroyed, or seized.
According to estimates from Ukraine’s economics ministry and the KSE, Russia’s invasion of Ukraine cost up to $600 billion in direct damages, such as reduced investment and labor exodus.
According to the KSE analysis, the $80.4 billion figure for physical infrastructure damages includes approximately $30 billion in damage to residential structures and roadways.
The genuine losses are likely to be many times larger,” the KSE warned, emphasizing that its study was based solely on publicly available data.
In early April, Russian missiles struck Kremenchuk in the Poltava region, destroying Ukraine’s only fully operational oil refinery, according to Reuters. According to the news service, the governor of the region stated that the refinery could no longer function.
Russia is alleged to have dropped several bombs on a maternity hospital in Mariupol, according to Ukrainian soldiers. Seaports and petroleum terminals have also been targeted by Russia.
According to the World Bank’s spring report, which was released on Sunday, damage to Ukraine’s infrastructure is expected to exceed $100 billion.
It said that due to infrastructure damage, economic activity was now “impossible in huge swaths” of Ukraine, and that the country’s economy would contract by 45 percent by 2022.
The loss of production, exports, and human capital, according to the bank, will have “long-term economic and social consequences.”
