It looks like Ukraine has mounted an impressive fund raising operation. Too bad its military effort hasn’t been anywhere near as successful. From Jordan Schachtel at dossier.substack.com:
Kiev economics school assessment is funded by USAID.
A new US-funded report out of Kiev assesses $108.3 billion in economic damages for Ukraine, but requests a 7x replenishment of $750 billion so that the country can “Build Back Better.”
The Kyiv School of Economics has released a new assessment claiming that Ukraine will need hundreds of billions of dollars to “Build Back Better” from its war against Russia.
As of August 1, 2022, the new update from the Ukrainian institution assesses $108.3 billion in economic damages from the war, roughly the equivalent of the country’s gross domestic product in 2020.
Russia’s invasion of Ukraine has caused $108.3 billion in damage to the country’s infrastructure, according to a study from Kyiv School of Economics released the same day Ukraine’s defense ministry estimated the war has left 3.5 million people homeless. trib.al/agVdxHT
⚡️Kyiv School of Economics: Ukraine’s economy damage due to Russia’s war estimated at over $108 billion. According to the KSE, the total cost of damages documented since Feb. 24 has reached $108.3 billion, requiring at least $185 billion for recovery.
But as you’ll see in a moment, those damages are rookie numbers. In this era of money printing madness, Ukraine has much more ambitious plans than simply replacing damaged infrastructure. These “expert” economists are about to send the tab soaring.