Ukraine has suffered US$119b in war losses

[LVIV] Russia's invasion of Ukraine has caused US$119 billion in damages to Ukraine's economy, deputy economy minister Denys Kudin said on Friday.

He said 75 per cent of enterprises in war-hit areas had stopped operating and most metallurgical enterprises in eastern Ukraine were not working.

"This means we will have fewer exports of metals," he said, adding that metals exportst accounted for a "significant share"of Ukraine's overall exports. REUTERS