The Costly Reality of Rebuilding Ukraine: Challenges and Solutions.

Ukraine is eager to start rebuilding after the Russian invasion, but the war continues to cause destruction and repel investment. The World Bank estimated that Ukraine needs $411 billion over a decade to recover from the war, and the country is already receiving $42 billion in outside funding for basic spending this year. The debt is piling up, and the deficit continues to widen. Reconstruction, whenever it begins, will be expensive. Kharkiv, a regional capital devastated by Russian bombing, is drawing up plans to make it the “ideal city of the future,” but the situation is particularly stark in Saltivskyi, a district in the city’s northwest known for its sprawling Soviet-era housing blocks.