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Global coordination needed to help rebuild Ukraine

Cost of reconstruction could be as high as US$1 trillion.

Published Wed, May 11, 2022 · 02:23 PM
    • Local resident and social worker Oksana Khvostenko, 47, stands near her house, which was heavily damaged during Ukraine-Russia conflict in the southern port city of Mariupol, Ukraine April 29, 2022. REUTERS/Alexander Ermochenko
    • Local resident and social worker Oksana Khvostenko, 47, stands near her house, which was heavily damaged during Ukraine-Russia conflict in the southern port city of Mariupol, Ukraine April 29, 2022. REUTERS/Alexander Ermochenko REUTERS

    Lewis McLellan

    THE reconstruction of Ukraine, when the time comes, is likely to require hundreds of billions of dollars to finance, as well as intricate coordination between supranational bodies, governments, banks and donors. Yet, even at this early stage, though goodwill and promises of finance are plentiful, coordination may prove difficult.

    The money will have to come from a variety of sources, but one of the key challenges is the dearth of international communication on the topic.

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