BEFORE RUSSIA’S invasion, Ukraine’s economy had been expected to experience an upswing this year. In 2021 the country’s GDP amounted to $200bn, the highest in its history, in spite of Russia’s occupation of Crimea and parts of the east of the country. Citizens’ incomes had also been growing. In short, Ukraine was changing and rapidly becoming a prosperous and democratic European country.
The invasion is also important because of the broader economic shock to the world economy. Last year Ukraine was the second-largest grain supplier to the European Union, accounting for 14% of the EU’s grain imports. It was also the world’s largest exporter of sunflower oil, with a share of some 47% of global supply. So Russia’s aggression threatens to spark a global food-supply crisis. It could also affect many other industries, such as the tech world.
The restoration of the country’s infrastructure is the obvious place to start. We estimate that total damage in this area may already be more than $100bn. In addition, tens of thousands of Ukrainians have lost their homes, which will need rebuilding. This construction must take place according to modern European standards.
According to World Bank data our military expenditure in 2020 was more than 4% of GDP. This number will grow significantly. Our government plans to increase state investment in the military-industrial complex and provide private defence companies special help in order to boost arms production both for the Ukrainian military and for export abroad.
Denys_Shmyhal With ten percent of that figure (US$ 60 billion), Venezuela could be rebuilt and recovered.
Denys_Shmyhal See! Washington has just acquired another huge, indebted European country. Since he won't be able to repay after the facts Zelenskiy will now be forced to hand over Ukraine's financial infrastructure and foreign policy to America.
Denys_Shmyhal $600,000,000,000 You say? Thats reasonable enough. I'll go give the magic tree a good shake.
Denys_Shmyhal America is going to get rich off this
Don't forget - Russia frozen asset in USA. USA world police
Ukraine Reconstruction Bonds are something I would be interested in.
Don't forget - Russia frozen asset in USA
NATO - GIVE YOUR DIPLOMATS TO UKRAINE FOR NEGOTIATIONS!!! PROFESSIONAL! no clowns!! Ukrainians want a peaceful life!!! Too many DEATHS - stop! WEAPON NOT NEEDED!
1948 Smith-Mundt Act... illegal to point propaganda campaigns at domestic audiences 2013 Smith-Mundt Modernization Act... Husein allows media to *L*I*E* to the U.S. population
want to see me without a bra?
Denys_Shmyhal Ukraine needed a war to do all this development? Why was it a stagnant one of least developed state in Europe?
Denys_Shmyhal 还我血债！一心为国家耻辱终生！ 中国罪恶的人民检察院与人民为敌，为了腐败、丧心病狂 中国罪恶的国家税务总局连云港市税务局集体全面腐败 中国江苏省连云港市财政局兼地税局长张文武 新浦区检察院检察长陈学标为首恶 为了独霸连云港市人民政权构成黑社会性质组织
Denys_Shmyhal optimism abounds!!
Denys_Shmyhal
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