The National Bank of Ukraine assessed the direct damage to Ukraine’s infrastructure from the war

Direct losses of material assets and infrastructure of Ukraine from the war are currently estimated at approximately 140 billion dollars.

This was reported by the Deputy Chairman of the National Bank of Ukraine, Serhiy Nikolaychuk, of the project of the Central Bank of Poland, Obserwator Finansowy.

“It’s about 2/3 of our pre-war GDP, so it’s a huge amount,” he said.

Nikolaychuk also recalled the 8 million people who left the country since the beginning of the war, which is more than 20% of the population before full-scale war: “These are dramatic numbers, but the economy is still alive. We see some adaptation of the economy to new conditions and in fact this year we expect that we will have at least some small but slow growth of 0.3% of GDP”. According to him, the National Bank of Ukraine estimates a 30% drop in Ukraine’s GDP for 2022, and this result is the result of the high adaptability of Ukrainian business, the Ukrainian government and the Ukrainian people to new conditions.

“But, of course, the results would have been even better, but unfortunately, in the fourth quarter, Ukraine faced continuous terrorist attacks by Russia on the energy infrastructure, which also became an additional burden on the country’s economy,” he added.