Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Politics
By Christian Kraemer

Russian bombings of civilian infrastructure raise cost of Ukraine's recovery: IMF

FILE PHOTO: A view shows a residential building heavily damaged by a Russian missile attack in Mykolaiv, Ukraine October 23, 2022. REUTERS/Valentyn Ogirenko

Russia's latest strikes on civilian infrastructure have raised the cost of Ukraine's recovery and could see it needing close to $4 billion a month just to keep power and water supplies going, the head of the International Monetary Fund said on Wednesday.

The IMF had envisaged Ukraine's external financing needs at around $3-4 billion a month next year but sees that rising to $5 billion in a worst case scenario after Russian forces rained missiles and drone attacks on Ukraine's energy infrastructure.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.