Ukraine lays out $750B ‘recovery plan’ for postwar future
Destruction caused by a Russian shelling in Sumy, Ukraine, Photo Date: 06/07/2022[National Police of Ukraine, cropped]
LUGANO, Switzerland (AP) – Ukrainian President Volodymyr Zelenskyy says the reconstruction of his country will become the “common task of the entire democratic world” after the war with Russia ends.
The video comments came at a “Ukraine Recovery Conference" in Switzerland on Monday.
Ukraine’s prime minister Denys Shmyhal laid out a $750 billion, three-phase recovery plan that focuses on immediate needs, “fast recovery," then long-term reconstruction.
He said up to $500 billion in frozen funds belonging to Russian oligarchs and others should help pay for it.
A Swiss NGO says event host Switzerland should do more to help stop Russia’s financing of the war.