Investments earmarked for Ukraine's reconstruction will not be enough to return the country's economy to its pre-war level by 2027, the Kyiv School of Economics (KSE) said in its latest macroeconomic handbook release.
As gross fixed capital formation (i.e., investment) over 2025-27 is projected to reach only $100 billion, securing significant additional funding for the recovery must be the key objective for 2025, the KSE said. Damages from the war far exceed $150 billion and reconstruction is expected to cost more than $500 billion, it said.