The Cost of War: Ukraine’s economy to pay heavy price for offensive in the east

The Cost of War: Ukraine’s economy to pay heavy price for offensive in the east

Financing the military offensive in eastern Ukraine is now proving to be a major economic headache for Kiev. The cost of rebuilding conflict-torn eastern Ukraine may reach $8 billion, Prime Minister Arseny Yatsenyuk has indicated.

As long as the military offensive in the east continues, Ukraine has to further dig into its fast-depleting state coffers to support the operation. If the war continues through next year, it could cost the country more than $1.5 billion, or $6 million per day.

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