Live blog: Ukraine reconstruction to cost $349B – report

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Live blog: Ukraine reconstruction to cost $349B – report
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Rebuilding Ukraine will cost an estimated $349 billion, according to a joint report by Ukraine, European Commission and World Bank, as fighting enters its 199th day Follow our live coverage:👇

Russia has taken control of around a fifth of Ukraine, an assault Kiev and its Western allies dub an imperial-style war of aggression. Rebuilding Ukraine following the devastation caused by the Russian offensive will cost an estimated $349 billion, according to a report.

Physical damage alone inflicted since the offensive in late February through June 1 already totaled $97 billion, the report said. "As of today, the Armed Forces of Ukraine have liberated and taken control of more than 30 settlements in Kharkiv" region, he said.Ukrainian President Volodymyr Zelenskyy has met with the head of Turkish defence firm Baykar and said the company would set up a factory in Ukraine to build unmanned aerial vehicles.

"We discussed the details of the construction of the Baykar factory in Ukraine and the production of new goods using Ukrainian components," Zelenskyy said in an online post after meeting Baykar Chief Executi ve Haluk Bayraktar in Kiev.

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